MatrixBits

USOIL will tank to $60 or lower

Short
TVC:USOIL   CFD Petrolio WTI
I think in long term we will have USOIL tank to $60 levels or lower.

1) Ukraine and Russia war will end.
2) More dollars will flow back into the stocks, Forex, and crypto markets.
3) More OIL will be produced here in the US and we will not go back to foreign countries.
4) Gold prices will drop because the war is heading to an end.
5) Expecting a nice drop by December 2022 timeframe.

I am only a speculative trader and this is not financial advise on trades.

- If you are losing money close the trade

- Start with .03-.05 units and learn to manage risk

- Don't take profits too early cheers!


MatrixBits
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