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Zoen_Trieste
Jun 23, 2018 12:17 PM

Failure Test Below $66 

WTI CRUDE OILTVC

Description

USOIL bears couldn't hold below key support level around previous high of $66.66. Failure test is pretty much evident at this point but there's still a shimmering light of hope for bears. Oil bulls have already taken back 61.8% of the correction range, if supply fails to turn the tides around here, bears' stop buy orders will add on to the upward extension and the move could go parabolic.
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