FX:USOIL   CFDs on Crude Oil (WTI)

hey guys,

reading news outlets and ideas on tradingview, the forecasts are all bullish right now!
people are urged to buy from any level based on the fundamental news.

be very careful! though we truly see a dramatic shift and strong bullish rally this week,
don't forget that technically the trend remains bearish!

moreover, currently, the price is trading on a key structure resistance level and for now
buyers could not break above that and we see a negative reaction.

the next safe opportunity to buy will come only after a bullish breakout of the underlined resistance,
for now just patiently watch the reaction of the market.
it is still possible that next week we may see a perfect signal to short.
so no rush right now!

good luck and have a great weekend!

Comment: Thank you so much for the support!!!!
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Hey Thanks for your education
+1 Reply
Hey Brother I made a something something when the market opened lol... 3 times the account balance closed immediately and ran away lol... To be honest it's going back up again so is the Nasdaq and the S&p... I'm confused I really don't understand WTH is going on... It's going to be the worst two weeks for the US but the markets are rocketing... No offense to the people in the US you guys are in my prayers may God help you all through these trying times... But the stock markets confusing the shit out of me...I'm sitting on the sidelines and watching now... Give us some feedback when you can brother take care stay safe. Much lurv Bro #bigfan
With bullish usd!
+1 Reply
You can clearly here what he said HES A BEGINNER YOU HAVE A SELL in and dont even know were its going😂😂😂
+1 Reply
I have the opposite opinion right here
+1 Reply
Yup! I have same question as well!
Do you consider it as break out?!
There is not a nation on Earth that can afford not to sell oil right now. They will lie to each other that they will cut production, but they need to feed their people. It is pump or die, literally. See you at $12.
+4 Reply
SHAH-FX Earthmatrix
@Earthmatrix, ooo $12 damn that sounds good... Lol Puttin's new line should be pump or die...drill and let it fill... Lol.
+1 Reply
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