👋Hello people!
This is the topic of the day.
In short video I explained basics of this price action. 👇
Why it is happening!
Can I buy Oil cheap now?
Global recession?!
Will other markets follow? 👇
Not really. But this is example of Futures trading. And new traders should understand one simple rule — Everything Can Happen!
Thanks for your attention!
Recommend to...
Thought I should make another crude oil analysis as market did hit the top of the channel line which i am expecting a drop from here, however still waiting for my last signal on the 4 hr view for downside confirmation.
Here is my other crude oil analysis which you should find quite informative;
DISCLAIMER;
Do set stop losses when trading but be generous with...