Oil monthly candle view

15 בדצמ׳ 2016A period of consolidation after the trend reversal in March 2016 is ready for a breakout. Current view is neutral on oil but a breakout is coming soon and could lead to trading opportunities.

27 בינו׳ 2017

הערה

Oil appears to have broken out of the recent trading range, but faces some major resistance around $56.