Hi Traders. If you still remember, about a month ago i talked about potential selling opportunity at 123-124, which turned out to be the exact turning point.
As Oil is still relatively in a healthy downtrend, the only level I will be focusing is the 95 key support level.
If price breaks below 95, possibly more selling pressure.
If price holds and reject 95, then be aware of your selling position, possibly we can see some rollover back to 102.
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
As Oil is still relatively in a healthy downtrend, the only level I will be focusing is the 95 key support level.
If price breaks below 95, possibly more selling pressure.
If price holds and reject 95, then be aware of your selling position, possibly we can see some rollover back to 102.
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
