HnS Formation.

٢٣ فبراير ٢٠٢٢

Disregarding the fundamentals, mainly the Ukraine & Russia ruff, oil is heading for a much needed correction. Unless the situation does take a u-turn and Russia decides to move ahead with their invasion, we could expect oil to touch above 100$ in a flash. For now, fundamentals are going back and forth and I for one leaning towards that Russia won't be invading Ukraine anytime soon.