rafael_kyrdan

Crude OIL: Bearish scenario

Short
OANDA:BCOUSD   Brent Crude Oil
If current and next 4h candle close behind the trend line we are in bearish trend. The main reason is inflation, nobody needs so expensive oil, it is very bad for economy. Many of us expected the conflict on middle east will push the price higher but as you see it doesn't happen.
Trade active:
What a move!!
Trade closed: target reached:
The target is reached. Now price will start consolidation within the rage.
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