Oil Forecast

Güncellendi
D1 - Price has reached a strong resistance zone formed by the psychological level 45 and 200 moving averages. Bearish divergence.

Until the strong resistance zone holds we may expect corrections to happen here.

Yorum
The price moved lower exactly as I expected it to and provided an excellent move to the downside!
Bearish PatternsbearishdivergencecorrectionforecastOilpsychologicalroundnumberSELLSupport and ResistanceTrend Analysis

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