From what i see, oil price is being manipulated.
We will wait to see if there is any confirmation to continue go up if price can hold Daily Pivot above next week, which is the next resistance is 81.00
Or
Price break the DP and it will plunge to 77.xx.
i will confirm the first sell if price break DP, the 2nd sell if it can break 78.29.
Indicators are saying that oil is overbought but i dont see its relevant due to price manipulation.
We will wait to see if there is any confirmation to continue go up if price can hold Daily Pivot above next week, which is the next resistance is 81.00
Or
Price break the DP and it will plunge to 77.xx.
i will confirm the first sell if price break DP, the 2nd sell if it can break 78.29.
Indicators are saying that oil is overbought but i dont see its relevant due to price manipulation.