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alexkyp

WTICOUSD potential sell

Short
West Texas Oil (OANDA:WTICOUSD)  
alexkyp  
OANDA:WTICOUSD   West Texas Oil
Trend Analysis Chart Patterns
1
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trendanalysis chartpattern
Demand is expected to fall. The International Energy Agency (IEA), cut its demand forecast for OPEC oil by 300,000 bpd in 2019. Given current economic trends, this is unsurprising. Global growth is projected to slow from 3.7% to 3.5%.
-Low demand compared to previous years
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