USDWTI H4 - Short Setup, Oil supply

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U.S. DOLLAR / WTI CRUDE OIL (FX_IDC:USDWTI)

FX_IDC:USDWTI U.S. DOLLAR / WTI CRUDE OIL

chartpattern fundamental indicator oil usoil ukoil wtiusd xtiusd usoilshort dollar dxy supplyzone

USDWTI H4

Saw a nice hold up on the D1 yesterday on a clear area of daily resistance. Interested to see if this is the point of reversal, we have had a nice trading range for the best part of two months here.

Stops to cover wicks dated back to March 21. 6.5R trade to take us down to $95 as mentioned yesterday.

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