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CoolOff

Short
CFDs on Brent Crude Oil (TVC:UKOIL)  
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TVC:UKOIL   CFDs on Brent Crude Oil
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Crude facing resistance near 124. Noticed #ThreeBlackCrows pattern near the resistance zone. If not taken out convincingly, then it has high probability of retracing till 113/106. Any trend continuation will happen after some cool off.
Comment:
Comment:
Closing below 116.61 on day closing basis would confirm the weakness and may lead to profit booking. We still stand on the profit booking or sell signal in Crude.

snapshot
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