Last oil butterfly took some time to unfold, but the pattern validated and it was a nice trading camapaign. This time, we didn't test the whole PRZ, but price action seems to confirm the trend.
If the first reaction after OPEC and non-OPEC meetings is to go down, I think this will take some time to balance.
Targets indicated on the chart.
Thanks for your comments.
If the first reaction after OPEC and non-OPEC meetings is to go down, I think this will take some time to balance.
Targets indicated on the chart.
Thanks for your comments.
Trade active
First target
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Related publications
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.