A bullish flag
Trump has repeatedly indicated in his speeches that oil prices could reach levels the market has never seen before. While many are positioning for lower prices, the technical structure is telling a very different story.The market may be pricing in weakness, but the chart could be signaling accumulation and a potential upside move.
Let’s see how this plays out over the coming months. The setup is interesting and the divergence between sentiment and technicals is worth watching closely.
Trump has repeatedly indicated in his speeches that oil prices could reach levels the market has never seen before. While many are positioning for lower prices, the technical structure is telling a very different story.The market may be pricing in weakness, but the chart could be signaling accumulation and a potential upside move.
Let’s see how this plays out over the coming months. The setup is interesting and the divergence between sentiment and technicals is worth watching closely.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.