Crude Oil (New York) prices upward movement is over. It is time for correction down below $50.
The technical analysis shows that the double top, signal for down movement at least to $50 from the current $51.30. The World-Signals.com trading strategy is to open short positions.
Also key factor for oil price is OPEC’s compliance rate with the oil production cut deal had fallen to 86 percent.
The technical analysis shows that the double top, signal for down movement at least to $50 from the current $51.30. The World-Signals.com trading strategy is to open short positions.
Also key factor for oil price is OPEC’s compliance rate with the oil production cut deal had fallen to 86 percent.
