TradingView
mohammad1372
Mar 10, 2020 5:16 PM

Possible short position on the break out Short

Crude Oil (WTI)FXCM

Description

Hi

USOIL could test the support once again before jumping up, as clearly shown it couldn't break the 34$ resistanceTVC:USOIL area which is crucial for upside movement of the price.

Even get your eyes peeled for Saudi Arabia and Russia for further pricing of the OIL.

If the price breaks above the resistance area and consolidates above it this trade idea is invalid.
Comments
Arsalansaeed
i think u r right
mohammad1372
@Arsalansaeed, we shall wait an see
More