acang

WTI to bottom at $38 in Jan 2019

Short
OANDA:WTICOUSD   West Texas Oil
Looking at the current fundamentals of WTI, it is not hard to notice that even though, in the very short term, price pressure will move the prices back to range between current level of $45-$50, thereafter a strong movement of price to bottom to around $38 level in Jan 2019.

I am seeing strong upward price pressure in 2019 for WTI after hitting the bottom around $38.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.