Greetings Fellow Traders.Today we gonna talk about Oil.
I think that it will be a strong buy we need to wait for it because of the corona virus situation.
The first Buy Zone would be when the price 21,56 pass this key level we can open a buy position and maybe the price would go to 32,00
The second buy zone could be at 36,12 key level,when it pass that price we schould open but and the price might reach to the 46,50.
We schould wait and see wath is going to be in this week but make sure to be patient and wait for manipulation of the level of the oil.
There are so many things here we must check the fundamentals and bring this,Oil tanks are being filled with capacity,many of the partnership deals have been broken.
Second and most of all Oil cuts will reduce and inflation will raise once COVID ends and the world enjoys cheap Oil for travel.
Please make your own Analysis before Traiding!
Thank You
Alexander Zakovich
I think that it will be a strong buy we need to wait for it because of the corona virus situation.
The first Buy Zone would be when the price 21,56 pass this key level we can open a buy position and maybe the price would go to 32,00
The second buy zone could be at 36,12 key level,when it pass that price we schould open but and the price might reach to the 46,50.
We schould wait and see wath is going to be in this week but make sure to be patient and wait for manipulation of the level of the oil.
There are so many things here we must check the fundamentals and bring this,Oil tanks are being filled with capacity,many of the partnership deals have been broken.
Second and most of all Oil cuts will reduce and inflation will raise once COVID ends and the world enjoys cheap Oil for travel.
Please make your own Analysis before Traiding!
Thank You
Alexander Zakovich