Oil_Crude (WTI)
Momentum ends. Liquidity grab to the upside. Stop loss hunting exhausted? NO. The downtrend is continuing.
72.743 previously strong SUPPORT level (4 June 2024) = broken
DXY down. Geopolitical tensions. Oil price downtrend persisting. It's a selloff. A bullish reversal is imminent with time.
Check emotions. Apply patience. Risk Management is a priority.
72.743 previously strong SUPPORT level (4 June 2024) = broken
DXY down. Geopolitical tensions. Oil price downtrend persisting. It's a selloff. A bullish reversal is imminent with time.
Check emotions. Apply patience. Risk Management is a priority.
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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.