impossiblebull

Weekly Head & Shoulders on USOIL

Short
TVC:USOIL   CFDs on WTI Crude Oil
If we break this current demand zone, and enter the break down of the Head & Shoulders, I wouldn't be surprised to see this break back into the 30s before entering the next demand zone. Also, with EV coming in strong and less demand for oil, and more and more nuclear plants on the rise, prices should start to slide drastically. This may be the last hurrah for Oil... Covid Oil prices are on their way back.
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