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varmagsk

US OIL Trend Reversal (Bearish)

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
varmagsk Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Head and Shoulders Crude Oil WTI usoilshort
2
1
headandshoulders usoil usoilshort

Head and Shoulders on Hourly Chart..
USOIL Short Opportunity.
50SMA Support at 69.94
Next Short Term Target 68.01/66.80
Comment:
Target1 still active. Bounced off the support, but continuing the Bearish momentum
Comment:
Target Hit.
Comment:
Back at Target 1.
Can bounce a bit before continuing towards Target 2.
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