Bearish Crude Oil
I'm currently bearish on crude oil futures as the market faces increased selling pressure due to a combination of oversupply concerns and slowing global demand. Recent inventory reports have shown larger-than-expected builds, indicating potential supply glut, which could push prices lower. Additionally, with ongoing geopolitical uncertainty and weakening demand signals from key economies like China, oil may struggle to maintain its current levels
Trade closed: target reached
taking profits on WTI 
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Disclaimer
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.