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Zoen_Trieste

A Fading Short 1H OIL

Short
CFDs on Crude Oil (WTI) (FX:USOIL)  
Zoen_Trieste Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Support and Resistance Gann Moving Averages Crude Oil WTI Oil oiltrading oilforecast angles gsq9 gannangles
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supportandresistance gann movingaverage usoil oil oiltrading oilforecast angles gsq9 gannangles
USOIL bulls are having a good run so far. It seems the oil market is ready to reduce short risk as players start taking profits. Looking for a scalp lower seems reasonable.
Comment:
5660 is first resistance
Comment:
USOIL 1H Follow Up
snapshot
Price found support around the previous daily candle's HLC3 value. If bulls fail to follow through by EOW, the odds of this being a climactic end of a bullish move increases.

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