Oil is reaching it's limit.
This is Oil futures Weekly chart👆
as you can see, $112 has been a very strong resistance level back in 2010-2014.
Not to mention the strong bearish divergence on BlueWave on the daily and weekly timeframe
Shorting Oil will work out, the hard part is knowing when.
I wouldn't recommend playing short term options, as time doesn't favor options.
as you can see, $112 has been a very strong resistance level back in 2010-2014.
Not to mention the strong bearish divergence on BlueWave on the daily and weekly timeframe
Shorting Oil will work out, the hard part is knowing when.
I wouldn't recommend playing short term options, as time doesn't favor options.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.