Can it really be this easy.... short answer, sometimes.

FX:USOIL   CFDs on Crude Oil (WTI)
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Technical analysis has gotten pretty sophisticated... but like any data loop, action taken, drive patterns, which drive actions. But when the forces at work are manipulating price in ways that don't feed the data loop, patterns can give false readings.

Step back and look at the forest. Don't fight the tide. Until someone closes the drain, it will continue to go down.

Stay short my Friends...

Comment: OPEC crude production climbed in January to the highest level in Bloomberg data going back 20 years....

Saudi has no love or trust with Russia.
Like a snake, our ass needs to catch up to our brain... We continue to slink down.
+1 Reply
I need to keep a copy.... I think I will be say the same next month.
wow.. well said. ;)
That 's correct. Look at the forest. During last days normal correction and merely rumors, but here we go again. Tomorrow wait for API weekly stocks to confirm.
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