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Petr Suchanek
Short

USOIL AT A DECISION POINT

CFDs on Crude Oil (WTI) (FX:USOIL)  
Petr Suchanek  
FX:USOIL   CFDs on Crude Oil (WTI)
Crude Oil WTI Crude Oil
138 0 4
usoil crudeoil
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            
YouTube Channel: http://bit.ly/17jWiog
TWITTER: @FlexibleTrader
E-MAIL: psuchanek@smbcap.com
Blog: http://bit.ly/1qaZNHk
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