Oil is in the hands of the bears ahead of Fed

Name: Oil is in the hands of the bears ahead of Fed
Uploaded: 2023-05-03T11:29:20.724177
Channel: Ross-J-Burland
Description: the price of oil has dumped ahead of the Fed on banking woes, China's economy slowing in sectors, and on inventory data. But, its also a technical sell-off, and the price is the front side of the bearish trend longer-term. However, it is breaking up in NY as support comes in and we could see a correction play out as the following video concludes.

Singkat

CFDs di Minyak Mentah WTI (TVC:USOIL)

TVC:USOIL CFDs di Minyak Mentah WTI

Trend Analysis Harmonic Patterns Chart Patterns

trendanalysis harmonicpatterns chartpattern

the price of oil has dumped ahead of the Fed on banking woes, China's economy slowing in sectors, and on inventory data. But, its also a technical sell-off, and the price is the front side of the bearish trend longer-term. However, it is breaking up in NY as support comes in and we could see a correction play out as the following video concludes.

** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!

Follow me at FXStreet: www.fxstreet.com/author/ross-j-burland

Come on over to my YouTube channel and Level Up your trading! 💸💸💸💸💸 @RJBforex, Like and Subscribe!

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.