WTI would go down before it grows again

WTI is considering to be bearish in short term.

I don't mean this momentum will create bearish cycle to crude oil.

EU is dealing with Hungarian government to do sanction for russian oil.

Only matter of time to close the deal.

But it will go down until it makes perfect negotiation.

MACD is also decreasing.

Target to 97-98 around. I will analyze again as soon as it reaches to my target.

Trade attivo:

good luck traders :)

Trade chiuso: obiettivo raggiunto:

I will update soon