FX:USOIL Crude Oil (WTI)
Crude is rising, meantime, copper is under heavy pressure, which one will follow the other. In a previous post I discussed how the two are positively correlated to a large degree (https://www.tradingview.com/v/OVGIqO6Y/ ), and in most cases copper lead oil prices. Having that said, I am monitoring carefully for a potential oil short position, still not confirmed though, I will look for a break below 3.27-support in copper , and monitor how crude reacts to the 200-days and resistance.
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