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Mihai_Iacob

WTI OIL- to dive to 35?

Short
U.S. DOLLAR / WTI CRUDE OIL (FX_IDC:USDWTI)  
Mihai_Iacob  
FX_IDC:USDWTI   U.S. DOLLAR / WTI CRUDE OIL
Trend Analysis Chart Patterns Technical Indicators WTI wticrude wtioil wticrudeoil wtiusd
5
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trendanalysis chartpattern indicator wti wticrude wtioil wticrudeoil wtiusd
For 2 months now, Crude Oil is trading in a rising wedge with tops very close to each other.
I believe that Oil will take a dive to 35 soon and I favor short positions as long as the price stays under 43
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