This is a brain storming exercise - Oil steeply came down since Oct 2018 and pulled back in January 2019.
Demand and Supply will decide the course of oil trend but in near future it is likely to stay low.
Still there will be lot of price action, trade cautiously.
Text on chart is self explanatory.
Demand and Supply will decide the course of oil trend but in near future it is likely to stay low.
Still there will be lot of price action, trade cautiously.
Text on chart is self explanatory.