WTI crude oil will take a pause@ 54.59 to check resistance 57.87
Crude Oil next week scenario 60 possible if this trend continues
Short USOIL below $63 T1: $61 T2: $59 SL: $64.5
Crudeoil has been trading withing a parallel channel. please use this chart as a reference in addition to your analysis.
Greetings oil traders, As you can see from the chart which is in weekly time frame, the move (INTERIM rally) is just a correction for the down trend; say for the super cycle wave (Y) Therefore, we sure say that the current move is merely a retracement for the Super cycle wave (Y) and the initial move (X) has been stagnated for some time at the areas of 23.6%...