crude oil analyses step 1
Crude oil value is derived from us oil.
Crude oil trading time is 4 hr less than the us oil.
so do the analysis in usoil and do the trade in crude oil.
both the charts will be same but crude oil will miss 4 hrs of trading candles.
you can just compare both of the candles.
But we cant predict exactly due to covid and depending on the relaxation to traveling and if airlines started to function we can buy crude oil.once lockdown relaxes we can expect huge rise in crude oil.thank you happy trading.
Crude oil trading time is 4 hr less than the us oil.
so do the analysis in usoil and do the trade in crude oil.
both the charts will be same but crude oil will miss 4 hrs of trading candles.
you can just compare both of the candles.
But we cant predict exactly due to covid and depending on the relaxation to traveling and if airlines started to function we can buy crude oil.once lockdown relaxes we can expect huge rise in crude oil.thank you happy trading.
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