VasilyPonomarev
Long

CRUDE OIL (WTI) HOW TO BUY WISELY?

FX:USOIL   CFDs on Crude Oil (WTI)

Top-down analysis and potential scenarios on crude oil .

Key levels and trading plans explained!

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Comments

Great analysis Vasily, technicals are beautiful! Oil drops below $20 after IEA report says the world may run out of storage, so again no demand and storage space is now an issue. Pretty much all developed countries do not see the lockdown over before May. It now seem like oil can get cheaper even unless OPEC+ and USA come out soon with some 'good' news, like a production freeze or something. It has to be substantial. And look at shale industry, many USA companies already filing for bankruptcy. Today we have crude oil inventories, let's see how they will make the numbers look with all this...
+1 Reply
VasilyPonomarev Antonio_trader
@Antonio_trader, yes, now fundamental statistics is on focus!
let's keep watching that and look for triggers !
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ezmoneysniper979 VasilyPonomarev
@VasilyPonomarev, And please keep us updated on pot. triggers. Very good video!
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thanks! Could you please make a new actualization video?
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(This is a little off topic) What exchange would you recommend for trading commodities like gold etc...?
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Price is still churning about 20$ ! Accumulation??
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@NLHybrid, indecision !)
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I'm sold when you mentioned " no one really knew".

Thks for information.
Reply
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