Crude Oil Parabolic shape suggests short opportunity
Fundamentals, OPEC maintaining volume capacity, coupled with technical analysis suggest that the recent rally in Oil is running out of energy. I expect a reversion to the lows expecting a retest of the recent lows throiugh the summer.
Risk to reward ratio looks favourable
Risk to reward ratio looks favourable
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.