Hi Folks:

Officially we have hit the reversal area. Oil is heavily influenced now by different fundamentals as inflation, tensions UKR-RUS, rate hikes, USD strength, shortages in TX and Lybia, etc...

So price has been driven by this persistent factors yet in play so be very careful with your trades. I shorted too early and decided to close at a loss to reopen later on (NOW).

STAY SAFE. Cheers

Fundamental AnalysisTrend Analysis

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