Crude is probably in wave 4 of wave C or it might be that the market has bottomed and a new impulse wave has started
Oil has been on a roller coaster ride and due to covid-19 demand is no where to been seen, maybe the market has bottomed but I will recommend not to catch a dropping knife
We are bearish at this point and will only consider about bullish scenarios if the price breaks above the $ 43 mark
Let see how this plays, Good Luck !
Disclaimer: This is for informational purpose only, anyone taking trades using this idea will be liable of their own loss
Oil has been on a roller coaster ride and due to covid-19 demand is no where to been seen, maybe the market has bottomed but I will recommend not to catch a dropping knife
We are bearish at this point and will only consider about bullish scenarios if the price breaks above the $ 43 mark
Let see how this plays, Good Luck !
Disclaimer: This is for informational purpose only, anyone taking trades using this idea will be liable of their own loss
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.
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.