historic falls of oil shows 77% before the next rally. we might be at the end of it. current drop is 77% from near top.
also to notice this is making massive falling wedge, for this to be reality. oil has to close above 20$ on weekly chart. which is most possibly as looking at shorts are very high. short squeez is immanent.
also to notice this is making massive falling wedge, for this to be reality. oil has to close above 20$ on weekly chart. which is most possibly as looking at shorts are very high. short squeez is immanent.
Note
hmmmNote
going parabolic!!
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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.