WTI OIL doesn't look good for BEAR - Short Sellers
Updated
Hi folks:
Here's a fresh update on the previous idea on
USOIL. Today's EIA report was the main driver for the rally, breakin out the two projected descending channels.
It doesn't look really good this call but will stick to the plan and hedge partially above the previous high at 84.90~
Weekly resistance is located at 84.70 so should be good for the moment.
Cheers
Here's a fresh update on the previous idea on
USOIL. Today's EIA report was the main driver for the rally, breakin out the two projected descending channels.It doesn't look really good this call but will stick to the plan and hedge partially above the previous high at 84.90~
Weekly resistance is located at 84.70 so should be good for the moment.
Cheers
Trade closed: stop reached
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