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Samurai_Forex
Aug 28, 2022 7:45 PM

USOIL Short

WTI CRUDE OILTVC

Description

My prediction for this symbol is bearish and the price may continue its downward trend until the predicted level.
Comments
LordofEquities
commodities bearish bias? when supply crunch is real with logistical issues for energy and ongoing commodity supercycle
Tradersweekly
Thanks for your analysis.
JoeChampion
I agree on commodities bearish bias, thank you buddy!
cmmb72
Zero reason
DannyFoss
Ive seen 25 bullish and 25 bearish oil predictions in past week, Other than the charts that agree with your bias, do you have any other reasons to substantiate your claim?
Samurai_Forex
@DannyFoss, Due to the fundamentals, we can see this symbol bearish this week.
cmmb72
@Samurai_Forex You mean the Saudis cutting production?
Davy79
@Samurai_Forex hello my friend, thanks for your analysis; could you please provide more details by the term “fundamentals” that you mentioned? I’d appreciate it if you express more specific reasons.
Samurai_Forex
@Davy79, The possibility of lifting sanctions against Iran and increasing oil production by Saudi Arabia can be a good reason
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