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Strive4Greatness

Oil momentum decreasing

U.S. DOLLAR / WTI CRUDE OIL (FX_IDC:USDWTI)  
Strive4Greatness Updated   
FX_IDC:USDWTI   U.S. DOLLAR / WTI CRUDE OIL
Support and Resistance
0
0
supportandresistance
Massive rally since May
+50% YTD
Seems to be running out of momentum. Considering to close longs on oil
Comment:
snapshot
Did we form a lower high?
Let's see how the price action goes from here.
Comment:
first support region reached.
Instability in the middle east, notable Afghanistan.Oil price expected to become more volatile if it doesn't de escalate.
Taking partial profits here at 62.39
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