OFPA_FX

WTI: Rejection of 2 weeks high with Bear poise to take over?

Short
FX:USOIL   CFDs on Crude Oil (WTI)
After a strong bearish move last Fri, this week we see it reversing all it losses. What's interesting is that Thu we see some buying frenzy but it carry no momentum to go higher. The result: a rejection of the 2 weeks high. Is it evidence that bull is going to lose control? Further evidence needed to go SHORT
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.