7pasos

Breaking resistance systems failure?

NYMEX:CL1!   Light Crude Oil Futures
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

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