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Chris4XTrading

Crude Oil update | Not likely to short

CFDs sobre petróleo (WTI) (FX:USOIL)  
Chris4XTrading Actualizado   
FX:USOIL   CFDs sobre petróleo (WTI)
Trend Analysis Oil crude WTI 4x
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trendanalysis oil crude wti 4x
In order for WTIUSD to go bearish, it will have to break through it's current trend's support, as well as the 120EMA, AND the 50% Fib line.

I believe that Crude has a better chance of going bullish towards the upper trend line, perhaps just after reaching the trend support.
Comentarios:
Looks like we might be keeping above the Fib line.
snapshot
Comentarios:
Broken the 61.8% Fib line and the trend support line. We're going down to the next major channel line. Expected to reach 69.60 region.
Comentarios:
3-year high reached. 72.00 in sight?
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