Trader_97
Short

CRUDE OIL MAY SINK SHARPLY ON BREACH OF T.L SUPPORT FROM DEC

FX:USOIL   Crude Oil (WTI)
155 2 0
Looking very bearish right now and with chances of breach of support T.L from December Oil             could sink sharply as this support has held the structure together thus far.In short term Look for targets @ 32 - 28 after breakout confirms...In case of failure of breakout wait for T.L resistance from June 2015 to come into play and enter shorts from there.
andberg PRO
11 months ago
Look like a falling wedge http://thepatternsite.com/fallwedge.html
+1 Reply
Trader_97 andberg
11 months ago
I know its a falling wedge , I just have the habit of using the word structure a lot oh & the article you provided the link of is very informative :) .... Thank you ^_^
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out