HEATING OIL to follow general trend of OIL prices DOWN!

تم تحديثه
Similar to USOIL and UKOIL , HEATING oil follows similar steps!! HEATING oil has been rising for a very long time and hit all-time highs, and we see that oscillators are showing that HEATING oil is overbought. We also see signs of rejection from the resistance zone that formed due to all-time highs!! Candlestick patterns are also confirming rejection from resistance. We see that the general trend of oil is reversing globally!


We aim to open in the range of 2.61-2.7 and TP at 2.38 with an SL above 2.8.


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