Daniel_Thompson

WTI US OIL Short

Short
TVC:USOIL   CFDs on WTI Crude Oil
Pivot: 61.70

Most Likely Scenario: short positions below 61.70 with targets at 60.40 & 59.80 in extension.

Alternative scenario: above 61.70 look for further upside with 62.25 & 62.70 as targets.

Comment: the RSI is bearish and calls for further decline.
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