/biz/ - Business & Finance

>>18452304
It's called zoom out and stop concerning yourself with these short period candles. There is little technical bullish case for oil at the moment. If you're long now it means you're making bets on speed of economic recovery/increased demand outpacing the supply problem such that oil market does not slam itself in to imminent crisis where NOBODY makes any money. I am on board that school of thought as well. A lot of stuff would have to go really wrong before that scenario is allowed to play out.