CFDs for WTI Crude Oil - GOOD TIME TO SELL - SHORT
Updated
This graph is a representation of my point of you of the futures market (USD).
Trade closed: target reached
2 potential possibilities from here. (1) Resistance will become the basis and cause a bounce back in price = increase. (2) Resistance will continue to pull the price downwards = decrease. What do you think? Leave a comment.Note
My guess is that the price will continue its downward trend unless there is a shift in the market. At the moment, I am observing fluctuations around the resistance.
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