CFDs on Crude Oil (WTI)
Short

OIL tapped resistance

211
Oil reached important resistance level and looks like a mild rejection. Punting a short here, break below 24.7 will send us to 19.34. Confluence with 0.5 fib at 19.2. Bear div spotted as well.

Break above the Supply OB, I'll reconsider taking longs.

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.