Don't fill your tanks (or tankers) yet because we see an unchecked level at 70,64$ that will most likely need to be checked.
High dollar, inflation worries, Oil must be 'controlled' and the battle to tame inflation. Biden knows, Europe knows, China knows.
Price is under an ascending channel and this is a highly bearish signal that triggered the correction. Price is attempting to rise but the 80$ mark is a technical and psychological resistance that will be hard to breach over.
Fill your tanks and tankers next month.
the FXPROFESSOR
High dollar, inflation worries, Oil must be 'controlled' and the battle to tame inflation. Biden knows, Europe knows, China knows.
Price is under an ascending channel and this is a highly bearish signal that triggered the correction. Price is attempting to rise but the 80$ mark is a technical and psychological resistance that will be hard to breach over.
Fill your tanks and tankers next month.
the FXPROFESSOR
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🌍 All in one place → fxprofessor.com
🧠 Free FXPROFESSOR AI on ChatGPT
🔧 Top tools to level UP your trading
💹 Best crypto, forex & stock deals
📣 Telegram: t.me/fxprofessor88
💥 I don’t follow trends. I build the tools to catch them!
🧠 Free FXPROFESSOR AI on ChatGPT
🔧 Top tools to level UP your trading
💹 Best crypto, forex & stock deals
📣 Telegram: t.me/fxprofessor88
💥 I don’t follow trends. I build the tools to catch them!
Related publications
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.