Mecheng46

WTI Double top

Short
TVC:USOIL   CFDs on WTI Crude Oil
In 2018 when the planet was kind of normal oil hit $77 and then slowly dropped down to $42. 3 years later WTI hit the same level and this time oil demand is under a bit of pressure from Covid19 waves etc. I won't be surprised to see oil dropping to ~$45 before in the next few months and then head back to triple digits from 2014.
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