USOIL - WTI Crude Oil Technical Analysis

Based on yesterday's Goldman Sachs analysis, crude oil prices will get hire in 2022.

Based on yesterday's Goldman Sachs analysis, crude oil prices will get hire in 2022. 

My analysis: 

1. Several times tested at $40. There was no proper breakout. 

2. Lockdowns are extended in many countries, the demand is low. 

Technical Analysis:

Based on CPR, open a

Sell: 39.94 (current market)

Take Profit: 39.66

Stop Loss: 40.18

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