200 days MA line and weekly structure zone

2016년 11월 4일

Oil continues its sharp declined that started following a weekly false break to the 50$ handle.
Now Oil is about to test a weekly structure zone and its 200 days MA line.
Interesting support zone to monitor for potential bullish pullback or bullish continuation trade towards OPEC meeting.

2016년 11월 7일

코멘트

200 MA line holds as support

2016년 11월 14일

코멘트

Another squeeze below the MA line. Critical week ahead