The oil inventories day was the catalyst for big moves the previous weeks.If today's announcement breaks yesterday's low decisevily,a fast move will bring price to 55$ area.
If the price doesn't break the low and stays inside the triangle ,the break will come next week with the new future's contract.Trade with patience.
If the price doesn't break the low and stays inside the triangle ,the break will come next week with the new future's contract.Trade with patience.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.