financialflagship

US OIL (WTI/USD) – Week 44 – Messy move.

Short
FX_IDC:USDWTI   U.S. DOLLAR / WTI CRUDE OIL
Last week, we correctly forecasted US Crude OIL to enter a bearish phase that will act as a consolidation.
For next week, we expect the price to continue the correction, having a chance to reach the support area that we highlighted.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.

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.