Oil analysis
The chart you see is on H1. In the last 2 weeks we have seen a decline. We have clear lower peaks and bottoms.
After a momentum decline last week, the price found support in the area around $ 59, but we expect to see another decline.
We consider the current movement as corrective, which should be limited to 63.30.
In case of repulsion, sell trades can be sought with an expectation of 57.70!
The minimum stop must be above the previous $ 65 peak
LIKE AND COMMENT - this is how you help us!
After a momentum decline last week, the price found support in the area around $ 59, but we expect to see another decline.
We consider the current movement as corrective, which should be limited to 63.30.
In case of repulsion, sell trades can be sought with an expectation of 57.70!
The minimum stop must be above the previous $ 65 peak
LIKE AND COMMENT - this is how you help us!
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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