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hankchef

oil: watch the monthly long term support

CFDs on Crude Oil (WTI) (FX:USOIL)  
hankchef Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
2
0
Retest and continue down?
Or break up and retest high?
Comment:
bearish
Comment:
It takes long way to go to break the long term resistance. Touching 50 will trigger massive shorts.
Comment:
Once again, we are here at the monthly resistance, may hit 51.64 and break it, but who knows it's a real break or not? Prepare to load short around here
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