➡️ "Black gold" rose to 111$ ahead of the long weekend.
At the moment, oil is in the green zone, which seems to make sense amid expectations of tough conditions in the global market amid supply disruptions to Russia.
Trading was rather thin in global oil markets on Thursday amid a slowdown in related news flow and as traders wind down ahead of the long weekend in major markets in North America and Europe.
At the moment, however, there is a possibility that the instrument will fall to ~105$ early next week. The idea of a short is simple, it will be associated with a pullback after such an increase and in the near future the price will again go up, as expected.
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👍Thanks for your comments and likes👍
👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇
At the moment, oil is in the green zone, which seems to make sense amid expectations of tough conditions in the global market amid supply disruptions to Russia.
Trading was rather thin in global oil markets on Thursday amid a slowdown in related news flow and as traders wind down ahead of the long weekend in major markets in North America and Europe.
At the moment, however, there is a possibility that the instrument will fall to ~105$ early next week. The idea of a short is simple, it will be associated with a pullback after such an increase and in the near future the price will again go up, as expected.
➖➖➖➖➖➖➖
👍Thanks for your comments and likes👍
👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇
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