US Oil performed as expected, rising from the demand zone and is currently trading within the first supply zone. Now, I’ll watch to see how the price reacts. Ideally, I’d like to see shorts, as the decreasing bullish volume suggests that the upward move may not be supported at this moment.
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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.