West Texas OilShort
WTI SHORT
if current momentum of price continues for next 6 hours than price of WTI Crude will definitely fall to 54.00
As the Saudi ARAMCO IPO not making any significant impact in oil market, moreover IRAN found new mega deposit of oil which makes sense for this current fall in price.
for now 54.00 if testing level for WTI as well as 54.00 on daily chart is the Fib retrace level too.
Thank you
follow me on tradingview, twitter for up coming TA.
Ertiza Abbas
As the Saudi ARAMCO IPO not making any significant impact in oil market, moreover IRAN found new mega deposit of oil which makes sense for this current fall in price.
for now 54.00 if testing level for WTI as well as 54.00 on daily chart is the Fib retrace level too.
Thank you
follow me on tradingview, twitter for up coming TA.
Ertiza Abbas
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.