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Ramesh7708

WTI CRUDE BLOOD BATH Downtrend continuation

Long
CFDs on Crude Oil (WTI) (FX:USOIL)  
Ramesh7708  
FX:USOIL   CFDs on Crude Oil (WTI)
Trend Analysis Chart Patterns
7
2
trendanalysis chartpattern
• WTI CRUDE BLOOD BATH Downtrend continuation – Target 1 – 12.11$, Target 2 – 4.87$.
• Monthly and Weekly Candle closed below Previous low of 25.98 as downtrend confirmation
• Weekly resistance @ 29.16 has been re-tested
• Now it’s time for Fast Fall … Overall, Expect a single digit downfall target
Regards, Ramesh R
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