OIL Analysis

163
We are currently inside of the monthly suplpy zone. Because of that, buying opportunities may be risky aroudf here. One can take a confirmed buying opportunity inside of a daily demand zone (48.49-47.25) but only for a short-term purpose.
I want to be willing seller if daily chart gives us a selling opportunities. Otherwise, i will be thinking again buying opportunities once the price reaches weekly demand zone.


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