US Oil Prices at Key Support, Aligning with Trump's 4-Year Resistance – Bullish Indicators for November US oil prices are currently sitting at a pivotal support level, which also served as the resistance level throughout the entire 4-year Trump administration. Historically, this price zone is significant, and key technical indicators are aligning for a...
We are currently trading within three distinct bullish channels: Macro Channel: This long-term bullish channel has been in play since October 2022, reflecting a sustained upward trend. Medium-Term Bullish Ascending Wedge: Originating from the $1.26 support level established on August 8th, this wedge pattern has been guiding price action. It is crucial to...