DaVinciCode

OIL trend has changed. Big profits on short

Short
TVC:USOIL   CFDs on WTI Crude Oil
A simple analysis of the trend without indicators just following the basic trendline guidance.
As we see with don't have an uptrend anymore and that will be more clear the next 2 days.
If nothing bad happens again between Russia and Ukraine i think we will go back to the 80-90 dollar region fast.
So we go short expecting huge decline and high profit.
Good Luck to all, hope you all make money this week.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.