WTIUSD on the 4-hour channel development

١٣ أبريل ٢٠٢٠

A downward channel has been developing ever since the OPEC + group broke down around a month ago. Now that things are mended, there are questions if the production cuts are enough to lift the price further. Several attempts at a retracement haven't succeeded . have a neutral stance in the short term.

Disclaimer: These are amateur opinions.