Sforex
Short

Oil : I believe the low would be pierced

NYMEX:CL2!   LIGHT CRUDE OIL FUTURES
86 2 0
Oil             once back the downtrend and retest the low at 44.36

This support is very strong, Oil             bounced back strongly from this low 3 times; however, I believe Oil             has no energy to hold this support anymore, and the breakout is absolutely happens.

I expect Oil             reaches to 40 incoming weeks
AbbasBehzad
a year ago
may be it tries to estabilished right shoulder and then fall.
Reply
Sforex PRO AbbasBehzad
a year ago
So it may take more time to set up the pattern
Reply
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