OIL seems to be the range bound in the last weeks.
Last days it moves between 50.8, and 52.8
The news of the deal failed to start upward move.
Awaiting the continuation of the short trend once the price will fix below 50.8.
Meanwhile we can continue to scalp it between 50.8 and 52.8 - Oil can be stuck range bound for weeks.
Any comments & suggestions about oil are welcome.
Last days it moves between 50.8, and 52.8
The news of the deal failed to start upward move.
Awaiting the continuation of the short trend once the price will fix below 50.8.
Meanwhile we can continue to scalp it between 50.8 and 52.8 - Oil can be stuck range bound for weeks.
Any comments & suggestions about oil are welcome.