Aroundthesun

CRUDE OIL trend reversal, against all odds

Long
Aroundthesun Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Good day!

My tradingview journey started with a short analysis of crude oil (12-2020). You can still find it on "my" very first page.

Hereby, another crude oil short analysis.

50 MA crossing 100 MA and 200 MA.

100 MA potentially crossing 200 MA.

Meaning, a trend reversal.

Will my tradingview journey start and end with crude oil?

Probably not, considering the 60% (!) BLACK FRIDAY DEAL

Good day!



Comment:
Today's events (oil drop) has nothing to do with the above analysis. IMO it's just noise. My best guess is that the price will go back to 78 and then continue the downtrend.
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