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Norwegiantrading

USOIL HAS BROKEN TRENDLINE

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
Norwegiantrading  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Support and Resistance Trend Lines
7
1
trendanalysis supportandresistance trendline
Price has broken a strong trendline, has retested resistance, and is now heading down. The true trend shows that the trend has changed from an uptrend to downtrend on the 4hour chart.

Take profit target (1) : 36.94
Take profit target (2) :35.09

Stoploss: 41.30

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