Petaryot

USOIL - Failing on new structural high? SHORT SIGNAL!

Short
FX:USOIL   CFDs on Crude Oil (WTI)
Oil seems to have no achieved a new structural high to continue it Bullish Breakout from Monday. If this is the case then this can be perceived as a start of corrective movement to get back into its earlier long term Bearish trend .

If Oil continues to fall and reaches the lower trend support line, watch carefully for the breakout and hop on a SHORT position. If this breakout becomes fact it is highly likely that oil will fall below the next support level and back on the long term bearish trend .

Safe and successful trading!

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