spesfinancial
Long

USOIL Possible long seup, be cautious

FX:USOIL   CFDs on Crude Oil (WTI)
48 1 3
Price may keep going up when it breaks yesterday's high. However, we have a downside trendline on day chart as a resistance, and price has not yet tested the upside trendline . So we have to be quite careful about this trade. It's better if price goes down to test some support before breakout.
Price went opposite but we passed this entry and avoided the risk. We may look for short signal today.
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