SIGNAL REMINDER – CRUDE OIL SHORT
CA analysts would like to remind the analysis of oil short from 20/11/23. The price is approaching the limit value.
ORIGINAL TEXT: Crude Oil Short. The price of oil is approaching the important technical limit of USD 44 per barrel. Historically verifiable data show us a high probability of a correction wave. Given that the statistics of oil and natural gas reserves are one day this week, and on Wednesday we can expect higher volatility. CA analysts publish another short analysis, but at a limit price, and thus prepare for a possible rebound from the maximum prices of the last seven months.
Chart source: WebTrader