USOIL short on the cards Short

Crude Oil (WTI)FXCM

Description

⋅ May 19, 2016 1:10 PM

Here on the monthly chart for Crude oil we have a clean retest of the long term broken counter-trendline after a break and pierce through the 30.00 level. There is also a daily 61.8% (golden ratio) retracement which adds to my short bias.