Oil: Is the Downtrend in Oil Coming to an End?

94

In the previous analysis, the rise in oil prices was examined. As observed, after breaking the multi-week consolidation zone and retesting it, oil prices climbed. We anticipate a similar scenario could unfold again, with a break of the historical descending trendline followed by a retest. For a better entry into a buy position, it is advisable to wait for this price correction.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.