KXRTrading123
Short

Crude Oil - Almost 3% up - What's next?

FX:USOIL   Crude Oil (WTI)
127 1 6
There is support back at the median line on the Standard Pitchfork and we have a leading edge at $47.50. So far each time it has traded in the upper channel zone it has retreated back to the median line . I expect the same this time. we are in a bit of a congestion area from past trade. Nothing more then my gut tells me we are at a top that could take us back to at least $46.50. Price will keep us informed! STAY TUNED.
JJenkinsRM
3 months ago
Well said tough crossroads intermediate term uptrend hitting longterm downtrend areas to sell
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