UnknownUnicorn5944879

USOIL time to head back? 26.07.2021

Short
TVC:USOIL   CFDs on WTI Crude Oil
The move upwards seems to have ended and the retracement probably will take place.

As always the minimum retracement is at the 61% fibo level (o.38 of the fibo tool).

Taking into account the historical Volatility of this instrument suggests a return to the mean.

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