CRUDE OIL (WTI) Daily Time Frame Analysis

FX:USOIL   CFDs on Crude Oil (WTI)

hey guys,

I know that many of you are struggling with making long-term predictions on wti.
being fundamental trader or technician, the future right now is unknown.

the only thing that we must admit for now is that the market is currently consolidating.
we broke below the uptrend parabolic channel and now we are trading within a wide horizontal daily range.

in my view, a breakout of that range will show the future direction of the market.

I remain bearish biased and stick to a bearish scenario.
second corona wave at least in europe looks unavoidable.

but we will see!

share in the comment section what you think will happen!


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out