pnesbitt

USOIL - "The Syria Effect"

TVC:USOIL   CFDs on WTI Crude Oil
So, let's say you think the activity in Syria is going to make Crude pop on Sunday night. Okay, but that isn't a plan is it? How much is it going to pop or, in other words, where might you want to think about taking profits? We are above all the near term resistances, so where might we see some push back?

Here, you can see that the current price sits just below a minor consolidation region from December 2014. The top of that region may present the first obstacle. The chart to follow shows that the 12/2014 top also corresponds to some late 2000's pivot zones (a period which also includes, in my view, another potential resistance).

Best of luck.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out