Oil price continues uptrend in relation to bad political situation in Venezuela and possible further oil produce decreases by the OPEC.
Volume and RSI is going down slowly and steady which is an trend continuation indicator.
Expect a small drop to beginning of week down to 52,50 $ from there I will open long position with stop loss under 52 $. Take profit above 55,50 $
Good luck and have a nice week !
Volume and RSI is going down slowly and steady which is an trend continuation indicator.
Expect a small drop to beginning of week down to 52,50 $ from there I will open long position with stop loss under 52 $. Take profit above 55,50 $
Good luck and have a nice week !
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The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
