Is it a fake breakout? be careful, wait & see Short

Crude Oil (WTI)FXCM

Description

⋅ May 15, 2020 12:56 PM

Is it a fake breakout? wait & see!

Comments

nbbirch

⋅ May 17, 2020 3:12 PM

No fake break here, this is going a lot higher. Back to 40 before the end of the year.

QQGuo-Shane

⋅ May 17, 2020 4:04 PM

@nbbirch, yes, lookat the candlstick, very strong on buying side.

FlyToSky1

⋅ May 16, 2020 5:28 PM

I think it is a fake breakout and it will back down to test last resistance again.

kindApricot

⋅ May 17, 2020 2:22 PM

@FlyToSky1, Do you think expiration of june contract can affect the price?