From our previous post, Crude Oil has gone up In price at a staggering $92.88/per barrel. As of now, I am not In favor of any long position trades whatsoever
The U.S dollar would have to follow the sideways channel (Blue dotted lines) I had laid out In my previous post on DXY, thus going even higher which would then ultimately bring the price of Crude Oil to a...
IT seems everything between 500-550 is a hold.
If price breaks below, next support is around 450, if that fails, look for 300 as your final entry and accumulation point.
Watch for target points of exits, and see where potential points of resistances are at.
If you got anymore questions ask.
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow =...
