I am anticipating crude to fall these marked levels because:
1. Strong Opening Gap which usually closes after some time
2. Liquidity levels are at the same place as the Opening Gap.
3. Oil price has to fallback a bit more and consolidate a bit more to have a healthy patterns to rise until potential 90.
1. Strong Opening Gap which usually closes after some time
2. Liquidity levels are at the same place as the Opening Gap.
3. Oil price has to fallback a bit more and consolidate a bit more to have a healthy patterns to rise until potential 90.
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Disclaimer
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.