CFDs on Crude Oil (WTI)Updated 2 possibule scenario
friday patten is very similar to this from 28th of April - but the volumen is much more lower so it could be fake out.
if 35,4 will be hold in my opinion oil should go up - could be some consolidation 35,4-37,2
scenario 1: if 37,2 brakes up trend should be continue
scenario 2: if 35,4 brakes correction move to 30$
if 35,4 will be hold in my opinion oil should go up - could be some consolidation 35,4-37,2
scenario 1: if 37,2 brakes up trend should be continue
scenario 2: if 35,4 brakes correction move to 30$
Note
now if oil hold we should see higher lvl.
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