Oil, bearish wedge in 1H chart.

Crude Oil (WTI)FXCM

Description

⋅ Jun 7, 2016 4:13 PM

i guess many ppl are looking to short oil or have already in the short position.

but oil still climbing up. the reversal should come soon. nevertheless, it might test $52 level.

Comments

andberg

⋅ Jun 7, 2016 5:28 PM

Patience