oil could be heading to further highs, if the daily breaks the previous high then expect further rallying. buying any drops to the trend line until a clear reversal is in
Why I am think you are wrong this time? Because what goes up must come down sometimes!😉
TBTS
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@dresipent I hope I am wrong, I'd prefer cheaper fuel than being right
design_dreams
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@dresipent, it could retrace a bit. Maybe to 108 or 111, but it's in a rising channel and due to the current situation I do not think it will go much lower than that...
TBTS
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@design_dreams, a drop to 108 would be decent, on horizontal and diagonal support should draw in buyers