Price has hit S3 - which means if it breaks above trendline then there are good chances of reversal and upside. Although the price has hit S3, it has also broken below the support line - which means further downside is imminent if the price doesn't break above the trend line. Supply and demand for oil driven by Coronavirus pandemic is the major deciding factor here. A trend indeed is a friend indeed?
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.