Alright, so I was actually expecting Heating Oil to go higher, however this didn't happen. I believe that prices could potentially go down to lows of 1.8800 however I would be very careful as prices are approaching our ''V''
Have a strong look at your volume indicators guys as prices approach our key level(1.9000)
We could see a sharp reversal as prices approach the 1.9000 level,
HOWEVER.
Prices could of course reverse and take out our prior high at 2.0400, to then reach lows of 1.8600.
Let's wait and see what happens guys!
Have a strong look at your volume indicators guys as prices approach our key level(1.9000)
We could see a sharp reversal as prices approach the 1.9000 level,
HOWEVER.
Prices could of course reverse and take out our prior high at 2.0400, to then reach lows of 1.8600.
Let's wait and see what happens guys!
