OIL TRIED TO BREAK ABOVE THE CONSOLIDATION RECTANGLE INDICATED BY ME BUT FAILED, NOW PRICES AND PATTERNS WILL REPEAT WHAT HAPPENED PRIOR TO COVID CRASH, MEANING THAT OIL IS LIKELY TO FALL 50.00, ACCUMULATE FOR A WHILE AND THEN IT WILL TRY TO RETEST THE STRONG RESISTANCE. HISTORY CAN BE A NICE INDICATOR.
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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.