CRUDE OIL (WTI) KEEP CALM! TREND IS STILL BEARISH!

3 Apr 2020

hey guys,

reading news outlets and ideas on tradingview, the forecasts are all bullish right now!
people are urged to buy from any level based on the fundamental news.

be very careful! though we truly see a dramatic shift and strong bullish rally this week,
don't forget that technically the trend remains bearish!

moreover, currently, the price is trading on a key structure resistance level and for now
buyers could not break above that and we see a negative reaction.

the next safe opportunity to buy will come only after a bullish breakout of the underlined resistance,
for now just patiently watch the reaction of the market.
it is still possible that next week we may see a perfect signal to short.
so no rush right now!

good luck and have a great weekend!

4 Apr 2020

Nota

Thank you so much for the support!!!!