Long-term picture of USOIL is very promising. However the short-term is clear as mud. In the absence of major news, the price is likely to rise and fall together with XAUUSD and SPX500 until some big shit hits the fan. The price was rejected by some very serious level of supply. I will post a bigger picture in the next post.
Follow my Telegram for live trading updates and detailed analysis throughout the week - t.me/wavetrades.
Follow my Telegram for live trading updates and detailed analysis throughout the week - t.me/wavetrades.
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