Strong reversal level

Crude Oil (WTI)FXCM

Description

⋅ Nov 14, 2016 9:31 AM

Although price has reversed here a few times before, I would be watching for a push below this level as the big players look for liquidity. If price breaks 45 Ill look for opportunities to the 50 level.

A break below and the obvious target is 40.

Ill be watching this one closely.