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CFDs on WTI Crude Oil
Short

OIL is Very Bearish, A $30 Barrel in No Time, Recession Time!

165
Huge descending triangle on US OIL, I wouldn't expect much from oil other than lower prices. I've mapped out some targets and time frames in blue.

This is NOT financial advice.
ChartProphet
Also on:
Chart PatternscrashdeflationdepressionTechnical IndicatorsrecessionCrude Oil WTIwtioilshort

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.
Chart PatternscrashdeflationdepressionTechnical IndicatorsrecessionCrude Oil WTIwtioilshort
ChartProphet
Also on:

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.