Technician
Short

Oil heading for a break-down #oil #forex

FX:USOIL   CFDs on Crude Oil (WTI)
5463 46 99
Note: This is not a trade in my journey to 100

Oil             may have topped for now in my view, the price is consolidating below the 200 days SMA losing the upside momentum. Meantime, Other correlated commoidites are breaking down such as Copper             . In short i am looking for a break down.

Good luck
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My best regards
Technician
https://thefxchannel.com
Any new thoughts on oil near its lows, Tech? Thanks
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Here is My latest post on oil
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Wow! Perfect. You are God of trading... Just God.
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Perfect analysis !
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well done Technician. very nice call
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very nice one.. what is next up targets?
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This one you really really nailed it!
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Great job
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Technician, all three targets are hit!!!! Super!!!!
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Thanks :)
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