Reversal candle so far, ascending wedge
I was expecting a wild sessions on Friday or Monday and it happened on both days, specially today, from hitting the resistance trendline of the ascending wedge to an important correction of 2 bucks in no time.
Covid cases and lower demand due to high prices and bottlenecks here and there will affect oil prices in the coming days.
They pushed oil way too much and I think they're going to see the consequences shortly.
Cheers.
Covid cases and lower demand due to high prices and bottlenecks here and there will affect oil prices in the coming days.
They pushed oil way too much and I think they're going to see the consequences shortly.
Cheers.
Feragatname
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