Hello,Traders! CRUDE OIL fell sharply from the highs On the news of the greater than anticipated reserves Now, we are seeing oil rebound to retest the higher supply levels And while its hard to predict oil behavior now I think that the resistance above is strong enough to cause a pullback Which can be played in our favor Sell! Like, comment and subscribe to boost your trading!
Awesome 👍 I would like to see more your ideas on USOIL
TopTradingSignals
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What do you think?
Tradersweekly
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@TopTradingSignals, I am curious to see. I think it is possible we revisit below 70 USD but despite that I am bullish. Supply and demand is still in imbalance. I think odds are more in favor of higher prices than lower prices. Especially medium term and long term.