200 days MA line and weekly structure zone
Oil continues its sharp declined that started following a weekly false break to the 50$ handle.
Now Oil is about to test a weekly structure zone and its 200 days MA line.
Interesting support zone to monitor for potential bullish pullback or bullish continuation trade towards OPEC meeting.
Now Oil is about to test a weekly structure zone and its 200 days MA line.
Interesting support zone to monitor for potential bullish pullback or bullish continuation trade towards OPEC meeting.
Kommentar:
200 MA line holds as support
Kommentar:
Another squeeze below the MA line. Critical week ahead