Petr Suchanek
Short

USOIL AT A DECISION POINT

FX:USOIL   Crude Oil (WTI)
I am convinced that this might be a potential signal to go short in Oil             . It means, if 104.2 is really the real decision point, price should rotate down, where the first target zone might be around 97.6, which is a prior low and a potential second target zone might be around 92.0, which is a major support in the long term.

Full analysis in my new blog post here: http://bit.ly/1qNeboH

Petr            
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TWITTER: @FlexibleTrader
E-MAIL: psuchanek@smbcap.com
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