johhoh104
Short

Time for a drop?

FX:UKOIL   CFDs on Crude Oil (Brent)
55 7 0
Update. The drop seems to be taking its time. I still belive the drop will come. The gap between brent and wti has increased by a 1 § since my purchase. Only yesterday the gap increased by 50 cent, when wti fell without similar reaction in brent. Im still holding out for a correctional move today.
Never a dull moment. Slight breach of the trendline there. Lets see if it holds.
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johhoh104 johhoh104
Similar story in WTI
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johhoh104 johhoh104
Seems like were back on track again.
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johhoh104 johhoh104
Are waiting for wti to breach that supportline .
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johhoh104 johhoh104
Bigger wti. In comparison to brent. Brent generally seems to be bullish recently
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johhoh104 johhoh104
Seems to be more bullish then WTI i meant.
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The drop seems to have begun to target 60.50. However, I suspect that it might find support a little earlier depending on how quickly the price will fall. See the chart.
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