We see a short rebound in oil until the downtrend channel is touched, where we recommend entering short looking for 52-53 as TP 1. Also, if we broke this level we will look for the 50 support area.
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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.