u/0xPatternwatcher

Oil prices just fell back a bit with WTI dropping below 102$, mostly because of short-term profit-taking.

But the main issue is the Strait of Hormuz is heavily restricted, and global oil supply is down by millions of barrels per day.

Some think oil is gonna reach 110$+, while the other thinks due to inflation will slow it down.

What are your thoughts, are you trading oil in such volatility or just watching?

If you took position, are you going long or short?

I don't understand what NFT's are i just see monkeys with creepy face they call it "Mutated" something like that, but i don't understand them, or these picture with low resolution, i feel like i'm playing with ps 2 like come on. people spend money on them?

People actually trade those?

Please help me understand

I can't find a good entry. It's neither bullish nor bearish, it's moving opposite to everything, the news that should make it go up is bring it down.

Nothing is working with me, no chart pattern or even candle pattern.

It's moving randomly, or I'm not catching a clear pattern, I don't know

I need your help with what to do next!!