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JamesZhang
Mar 23, 2016 7:34 PM

Short USOIL after it pull back from 200days' MA Short

Crude Oil (WTI)FXCM

Description

  • As you can see, the USOIL-3.52% just pull back from 42.00 about 200 days' MA, I have opened my short order at 41.
  • If the bearish candle can end up a entity, it will further confirm the bearish trend .
  • Also, if the deaf cross of MACD is formed, it will be more authentic.
  • Suggest: Short, and look to first target of 34.

Comment

Just broke the resistance of 23.6%

Comment

Coming to the target.
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