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Strive4Greatness
Jul 21, 2021 4:31 PM

Oil momentum decreasing 

U.S. DOLLAR / WTI CRUDE OILICE

Description

Massive rally since May
+50% YTD
Seems to be running out of momentum. Considering to close longs on oil

Comment


Did we form a lower high?
Let's see how the price action goes from here.

Comment

first support region reached.
Instability in the middle east, notable Afghanistan.Oil price expected to become more volatile if it doesn't de escalate.
Taking partial profits here at 62.39
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