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Profitlio_Trading
May 15, 2023 12:17 PM

USOIL POSSIBLE SELLING TOWARDS THE SUPPORT Short

WTI CRUDE OILTVC

Description

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Comments
Tradersweekly
I would be cautious with shorting here as the U.S. will likely start buying oil to refill the SPR. However, if the price dropped to the support area you highlighted, I would consider going long for a short period of time (just for a swing trade).
Profitlio_Trading
@Tradersweekly, Thanks for sharing your thoughts. Cheers!!!
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