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

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...