Here we have a WTI crude oil chart.
Strong fundamentals with shortages globally have driven Oil up to great highs.
This has caused a backlash fast move down to our previous support and a quick move back up preceding it.
For this reason we are now turning short again to catch it back down to this level.
We caught it long at the Support + MA's and are now looking to accumulate shorts for a move back down.
Strong fundamentals with shortages globally have driven Oil up to great highs.
This has caused a backlash fast move down to our previous support and a quick move back up preceding it.
For this reason we are now turning short again to catch it back down to this level.
We caught it long at the Support + MA's and are now looking to accumulate shorts for a move back down.
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bit.ly/learnttm
Free Discord Secret Server:
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Posts Not financial advice.
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.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
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.