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VasilyTrader
Apr 3, 2020 3:20 PM

CRUDE OIL (WTI) KEEP CALM! TREND IS STILL BEARISH! Education

Crude Oil (WTI)FXCM

Description



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!!!!
Comments
Earthmatrix
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.
SHAH-FX
@Earthmatrix, ooo $12 damn that sounds good... Lol Puttin's new line should be pump or die...drill and let it fill... Lol.
illuminating_trade
Hey Thanks for your education
EvaultFinancialGroup
With bullish usd!
KyleYoung
You can clearly here what he said HES A BEGINNER YOU HAVE A SELL in and dont even know were its going😂😂😂
Varonos
I have the opposite opinion right here
SHAH-FX
Once again thanks Vasily for the awesome amazing work you do. Keep it up stays safe my brother :) much luuurv and respect from us guys down in South Africa
SHAH-FX
TRUMP SHOOTING OPEC SHOOTING... Puttin says lies... Lol... So price went up got nothing today... Puttin must be saying don't tell me where I can drill my holes and fill my barrels lol... We see what happens come Monday... I put a sell at current price... Hahaha... 🤣
PickAndChose
@SHAH-FX, i just closed 2 of my Longs. I have an Open Short as well. Monday is a new Day I guess.
SHAH-FX
@PickAndChose, OPEC meeting postponed :) maybe we make some moooney haha
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