USOIl Crude at an interesting Confluence

Sep 25, 2019

in USOIl 56.75-56.60 remains as the trend decider for today, we have marked an interesting low at 56.33 ( previous top references).
theme remains bearish below the trend decider. Break below 56.33 can see an accelerated fall to test 55.80 areas.
Hold above trend decider we have a chance to test 57.30 areas

Sep 25, 2019

Note

56.33 is a previous top, important for this zone to hold for the bearish thesis to be active and to see a further sell off. else we throw caution to the wind

Sep 25, 2019

Trade closed: target reached

targets done and dusted.