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CFDs on Crude Oil (WTI)
Short
Updated

A Fading Short 1H OIL

281
USOIL bulls are having a good run so far. It seems the oil market is ready to reduce short risk as players start taking profits. Looking for a scalp lower seems reasonable.
Note
5660 is first resistance
Note
USOIL 1H Follow Up snapshot Price found support around the previous daily candle's HLC3 value. If bulls fail to follow through by EOW, the odds of this being a climactic end of a bullish move increases.
Zoen_Trieste
anglesGanngannanglesgsq9Moving AveragesOiloilforecastoiltradingSupport and ResistanceCrude Oil WTI

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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.
anglesGanngannanglesgsq9Moving AveragesOiloilforecastoiltradingSupport and ResistanceCrude Oil WTI
Zoen_Trieste

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.