Crude Oil & The Lines
Fibonacci retracement, the channel, and the volume. What can we learn from them about the next price move?
Fibonacci retracement, the channel, and the volume. What can we learn from them about the next price move?
On Friday, light crude slipped under very important supports. Will the bears take advantage of this?
On Wednesday, crude oil gained 1,25%, but do oil bulls really have reasons to be happy?
We could summarize yesterday’s session as an expected change of seats. Why?
The consolidations, test of important supports and similarities. What are the implications?
Seriously? What does gold have to do with oil? See for yourself.
Another day, another gap. Have the bears completely capitulated yet?
Another attempt, another failure. Is this the end of increases in black gold?
On Tuesday, crude oil extended gains, but are the bulls strong enough to test higher levels?
We could summarize the recent price action in crude oil in one word: tests. What’s next?
Oil stocks broke above important resistances, hitting a fresh multi-year peak. Is this the end of the bears?