Maybe we are forming a range but maybe not...

CFDs on Crude Oil (WTI) (FX:USOIL)

Updated

FX:USOIL CFDs on Crude Oil (WTI)

The move down was strong which makes me think that we might break below the support line BUT I think that it was driven by fundamentals that are not sustainable

Comment:

CS setup triggered at 50
T1 at 42

Comment:

Almost at support

Comment:

Hit support and is now taking a rest before deciding where to go next
I think we might have a breakout but trade what you see

Comment:

Now we are almost 50% of the way up

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