Crude oil, where next?

Jul 1, 2020

Hello All,

The oil price is following the 1 H trend line, 39.85-39.95 was previous resistance and now current support, where we can see the rejection which confirms that price is heading higher next.

Thanks

Jul 6, 2020

Trade closed: target reached

Oli reached nearly 40.99, now we are looking for a short opportunity. as a possible correction could occur in the next days.