Kumowizard

WTI - bullish trend lost momentum

FX:USOIL   Crude Oil (WTI)
124 0 1
4 Hrs chart clearly tells us Bullish momentum is lost, WTI started to consolidate.
Based on daily chart there is good chance we might see a corrective move to 99,30 support area .
It worths to watch. In case px             breaks below 101,20, the move can be very quick.
For now I recommend TP on longs, and buy May 99,50/95,00 Put spread as initial bearish bet. Outright short recommended only with valid break of 101,20.
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