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VanSteenMarketResearch

[US-OIL] Another red wave for oil?

CFDs on WTI Crude Oil (TVC:USOIL)  
VanSteenMarketResearch Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns WTI Crude Oil Crude Oil WTI Oil westtexasoil US oiltrading oilprice oilforecast
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trendanalysis chartpattern wti crudeoil usoil oil westtexasoil us oiltrading oilprice oilforecast
snapshot
Weekly chart is showing that the upside momentum is slowing down which may indicate the first move of a downtrend.

If price goes above 67.60, bullish outlook.

If price goes below 65.60, bearish outlook.
Trade closed: stop reached:
snapshot

Broke above the consolidation zone. Potential was great, but did not break.

Now potentially looking for long positions.

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