I expect a corrective movement for oil up to the $74 range.
If the price returns above 82 dollars, this analysis will be invalid.
If the price returns above 82 dollars, this analysis will be invalid.
Note
As expected, we saw the price drop and many trading short positions
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.