daytradersfx

One of the most important charts for currency traders!

TVC:USOIL   WTI CRUDE OIL
Whether you trade oil             or not, this is a must watch! Any currency impacted by oil             movement (think CAD, NOK             , USD) this is a must watch chart. If oil             starts to break out and confirms this head and shoulders, we may see the black gold             get back into the mid 60's. I know what you're thinking, "there's an oil             glut etc etc etc" I don't care and I'm not looking at that, this is a purely technical outlook. If this head and shoulders confirms, we may see this as the result in the near future.

So be ready for what may be setting up. And if you do trade oil             , jump on this!
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