Oil History - Based on Spread USOIL & UKOIL
How the spread has reacted during difference phase of Geopolitics of oil life in last 2 decades.
Currrently in 3rd Wave yet to complete..
In Next 1-2 years
Could be ascending triangle, VIX is low and OIs are showing fall.. low VIX down weights OI Data.
Invalid below 15835/- (candle 15m closes below not just touching)
if you don't like SL. avg at 15790/- if gets invalid.
Started from Highs