Crude Oil - Trading View- 01/03

FX:USOIL   CFDs on Crude Oil (WTI)
Context 01/03/2016
Comment: It seems that demand is entering into the market, now the attention must be in the break and if the price is able to sustain above the most immediate Resistence area
Comment: Update

Comment: Trade

Comment: Although the trade was not triggered now the market is around the 37.22 zone that was mention before as a preliminar resistance area or at least an area where the price could find supply .
Thank you for your update. What do you think, did we break the 34.74?
Are we going to test a new high (may be around 38)?
Hi thanks for your comment ... I think that everything depends on the price action....if demand starts to come out and we break the 34,74 I would say that a possible target would be around the Upper Limit of the Most immediate Trend Channel Around 37.50 but there are also some preliminar resistance around 36.50 therefore if the price breaks up those would be my target zones. https://www.tradingview.com/chart/XoVfGGf3/
MOXCEN JaimePantoja
Thank you!
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