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LiamsAnalysis
Nov 5, 2019 8:18 PM

Short Position WTI OIL Short

WTI CRUDE OILTVC

Description

Taking a Short Position on WTI Oil due to the recent rally not being able to breach the 4H Resistance zone, The forecasted data on US Crude Oil Inventory Supplies is set to be positive, this is why Oil has risen in my opinion, however there is a risk of the news missing and more and more talk of an demand slowdown globally, therefore I believe we could see a healthy retracement. R:R is about 1:3
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