peterbokma

USOIL-SELlstrategy

Short
TVC:USOIL   CFDs on WTI Crude Oil
It starts feeling heavy on downside. The channel resistance seems well protect @ 91.50 and we are looking to go towards 73.50 area I suspect. The RSI is starting to go negative and so is the MACD which both are showing signs for lover levels to be seen.

Strategy SELL current @ 86.50-87.00 nd take profit @ 77.50 for now.

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