Short term - Short oil
Following the last drops vs timeframes, oil 0.77% should hit the support at 45.79. As each drop has been -2.15 and has bounced 0.8. Since being oversold, my prediction is that it will take double the time to reach the -2.15 target to let the selling cool off a bit.
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.