Crude - Bearish Technicals - Bullish fundamentals

٣٠ أغسطس ٢٠٢٠

Ongoing Bearish rising wedge after initial rally with bearish divergerce and a subsequent sell off this week. I took a longposition friday though since I believe this is just MM manipulation, headfaking the news and price movement before big moves coming next week, starting with gap up over weekend. The fundamentals are as important and there could be a big move just around the corner.