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US oil failure for the upside
CFDs on Crude Oil (WTI)
Short
US oil failure for the upside
By illuminating_trade
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Updated
Apr 16, 2022
4
9
9
Apr 14, 2022
I predicted upside and I was right for now.
But I see some major correction coming from now on.
The reason is ECB's move and asain markets are hawkish with interest rate.
This will press the oil price shortly.
But it will go back to upside again.
Apr 14, 2022
Trade active
Most of my followers are with profit zone.
Let me change the view shortly from now on.
short term interest raising could press the price of WTI.
good luck traders.
let's survive from this difficult market.
Apr 14, 2022
Note
ECB didn't raise the interest rate and it made US oil goes more bullish.
But it could fail.
Apr 16, 2022
Note
China decreased the RRR. This could be the sign of little correction for the oil before they make bigger wave. Let's wait patiently
Chart Patterns
Crude Oil Futures WTI (CL1!)
Harmonic Patterns
Trend Analysis
Crude Oil WTI
WTI
illuminating_trade
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