WTI entering key support range. Be careful

19 בפבר׳ 2023

the bottom range indicated on the chart as been a strong support recently. But I'm not so sure it holds up this time, we may see Oil drop down into the $60's and start trading a new range soon depending on the US economy and no terrible new from the War in Europe. I still fell supply is way to low and price should push higher longer term but right now i'm a bit skeptical. Be patient. Do your home work & have fun.
*Trade at your own risk!