I talked about this chart before at 80 and that the decline does not mean a collapse
This is the result of my words and as I saw it I was with you in the rise before to 80 approximately then with you in the decline then the rise again in the coming days
Today we saw the level of 70.380
And we notice that it will touch the blue diagonal line
Then the line will be broken, we will see more decline
And we will soon see areas below 70
We will update the markets soon
Trade active
Now the oil is at the blue line
As we warned you months ago, the rise from 69,750 to the 80 areas and then from 80 to the current areas has already happened
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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.