archiki
Short

OIL price says it it time to take a break cowboy.

FX:USOIL   Crude Oil (WTI)
456 2 6
notes on chart. i also planned my XOM             trade with the decline of oil             .
Comment: first tp in sight :-) high five.
Comment: Price has now come to a point where it can find some strong resistance? Why? because the ema can act as support and also as a place to consolidate. IN the ashi Daily one can see that indecision at this level is bad for bears. I have posted a link saying to long perhaps over the weekend into next week as price looks confused...
archiki archiki
can very well go to 38. :) thanks for looking.
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