Edgy_

OIL: Weekly Further Tightening!

TVC:USOIL   CFDs on WTI Crude Oil
Hello dear energy sector friends, hope you're doing well guys! ;)

Just have a look at our last analysis when Trump had made the tariffs decisions with regards to China and compare to the current chart:


=> Our anticipation of an Equilibrium pattern (tightening range) perfectly played out, as USOIL bounced from the bottom of $50 psychological with a strong Hammer candle.

Conclusio: We're gonna get a decision on this tightening range soon, and if that happens, we'll see big moves to either direction. Have a great weekend! ;)

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