Double-Edge-Trader

Oil preparing for a slip down to co-incide with Covid Wave 2?

Short
TVC:USOIL   CFDs on WTI Crude Oil
Price has reached the same point where it plummeted from when the initial Lockdown came into force (March 2020). Price has recently created a supply zone at this key level and is currently hovering. If another lockdown is enforced, then expect a drop. This may take a while to play out but the levels are all lined up pretty well. Good luck
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