chris.cellura
Long

USOIL looking Bullish with some speed bumps...

FX:USOIL   CFDs on Crude Oil (WTI)
See callout bubbles. Overall Oil             is looking very bullish going into 2018, however, the market is currently coming into some areas where I would expect big sellers to be waiting. We can go short in these areas, but if the overall, longer-term move is Up, these should only be counter-trend trades which should allow us to re-engage Long at demand price levels.

I'm bullish Oil             as well as other commodities for 2018. I'm not a huge fan of news, but rather choose to go with what the chart is saying.

Always measure your risk and be okay with being wrong ; )
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