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VasilyTrader
Dec 16, 2019 1:22 PM

WTI (USOIL) May Retrace Soon!!! Short

Crude Oil (WTI)FXCM

Description



WTI Oil is steadily going up.

for two weeks we haven't seen a retracement and I am becoming more and more skeptical about further growth.

Pay attention to 61.0 level.
It is the first strong resistance level in front of bulls,
I believe that there is a high chance to see a retracement from it to the support of the channel.

as always, we wait for a confirmation signal on a lower timeframe before taking action!

patience pays guys :)
Comments
SamadeusM
COMON RETRACE! DROP DEAD! ENOUGHT LOSES TODAY! GOD DAMNED
SamadeusM
Thank you! can you update in real time?
hunghtqni
Wow, usoil!!! 60.52
VasilyTrader
@hunghtqni, hhaha it is, Hung!)
VasilyTrader
Please, share your thoughts on WTIOIL here!
rahul4uin2006
@VasilyPonomarev, I second that too, price movement doesn't look good to me. if we have negative inventories. prices can drop sharply
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