Peak Oil? Downwards reversal loading

1 Haz 2022

XLE is showing early signs of a significant reversal following a 27.5% gain since April 25th this year.

1. Bearish rising wedge pattern forming on the Daily timeframe
2. Descending volume across pattern vs rising price
3. Five unfilled gaps to the downside

Short from $87

2 Haz 2022

İşlem aktif

cnbc.com/2022/06/02/oil-prices-eu-sanctions-russia-saudi-arabia-output-opec.html