WTI Short
As you can see from the markup, we hit the 0.382 fib from the 2016 uptrend which has now turned bearish. Perfect rejection on multiple occasions and the price is coiling tightly on many time frames. As a purely technical trader, my bias is short.
Order cancelled
Aramco facility bombing has bombed this trade opportunity.
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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.