Economic Turmoil and Political Tensions Evoking Crude Oil
The candlestick pattern at the lowest low is very probable to be the pivot point for the downward consolidation of oil. October also can be closed by a green candle after 4 months of drop. The political and economic conditions are making the pivot more valid at the moment.
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.