😔Unfortunately, in recent days, there has been a war between Israel and Palestine, and I hope that this war will end as soon as possible.🙏🙏🙏
🧐Now, how can the effect of this war show itself in the oil chart❗️❓
💡At the same time, as geopolitical tensions increase throughout the Middle East , oil prices are likely to rise even more. Meanwhile, US Strategic...
Price is testing an upward resistance trend with a right shoulder formation
This formation will likely fall back to the downward channel, and bounce strongly off this, forming the right shoulder
This inverted H&S can be compared to a previous price action zone (in green)