RAPID SIGNAL BUY NOW WTI (USOIL) Oil prices fell shar | Focal Community Group (FXSignals)

RAPID SIGNAL
BUY NOW WTI (USOIL)

Oil prices fell sharply after inflation concerns (which triggered a rise in Trasury yields and resulted in a stronger USD) and on sign that the US may release more reserves. There are also growing speculation that the US might coordinate releases of inventory with other nations, such as Japan. I see the negative impact on the oil prices as limited and expect a rebound soon. The USD remains strengthened, but further gains will now slow significantly. We position ourselves LONG before the NYSE opens.

Tip: Multiply your usual lot size by ~ 11 - 13 (1,100% - 1,300%) trading WTI (USOIL).