Oil: Thoughts and Analysis

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Today's focus: Oil

Pattern – Support Hold
Support – 71.80
Resistance – 78.80

Hi, traders; thanks for tuning in for today's update. Today, we are looking at Oil.

After a solid three-day decline, buyers have put up a fight from 71.80, but is this enough to hold the current uptrend? A break below yesterday's bar with a trend break could suggest that the current move lower has further to go.

We have reviewed a few scenarios we are looking for, depending on what we see today.

Good trading.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.