7pasos

Breaking resistance systems failure?

NYMEX:CL1!   Light Crude Oil Futures
295 3 0
Still neutral but could be short in a day or two.
What we have in the crude is the chance to show confirmation of the buyers throwing out their buys at triple resistance system.
When the price fails to break, is time to reverse, and in this case, come following more unbeaten resistances before.
The only issue here is the nearness of the support therefore the risk reward will be the decisive factor to see a sell starts
As I told the risk reward was decisive and therefore no entrance, as no entry no loss ...
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very volatile, it i difficult to enter with low risk here
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I agree!
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