OS Oil is in the monthly demand zone, so it has a chance to rebound to the weekly supply zone to make at least a weekly correction. So join the short-term uptrend following the daily correction trend line.
The overall trend is the monthly correction process of the downtrend, and the bottom can be tested again after the weekly correction process is over.
The overall trend is the monthly correction process of the downtrend, and the bottom can be tested again after the weekly correction process is over.
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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.