OIL just created a double bottom touch point on 4H data -- conveying a strong order block support at the current levels.
It is currently attempting to reverse to the upside, and may retest its previous peak at 80 levels soon.
Accumulation at the current price has started and a 4H higher lows has been created -- suggesting a shifting trend.
Spotted at 74.00
TAYOR.
It is currently attempting to reverse to the upside, and may retest its previous peak at 80 levels soon.
Accumulation at the current price has started and a 4H higher lows has been created -- suggesting a shifting trend.
Spotted at 74.00
TAYOR.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.