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olivv
Jan 9, 2017 11:06 AM

watch 53.27 level for direction Short

WTI CRUDE OILTVC

Description

Sideway while RSI exits oversold territory
then watch 53.28 area for further direction,
if 53.28 resists then direction is towards 52,10 - last weeks support.
Stop 53.35

Comment

if candle close below 52.78
confirm short and 52,1 target

Comment

if you anyone followed this plan... consider closing position or moving your stop
i still see 52.1 but RSI is oversold !!
Comments
GeorgeJimas
RSI is far from oversold on the 1D and 1W
olivv
@Perseus,
agreed that's why i still believe in 52.1 just being cautious
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