Brennt
CRUDE OIL Resistance Ahead! Sell!
Hello,Traders!
CRUDE OIL is growing from the horizontal support line
And the price is headed for the retest of the resistance level above
From where I am expecting a bearish reaction
And I think that after the retest of the level
The price will fall towards the target on the chart
Sell!
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CRUDE OIL Long From Support! Buy!
Hello,Traders!
CRUDE OIL is trading in a kind of a massive wedge
And now oil is falling down to retest the rising support
From where I am expecting a local pullback
With the final target being the horizontal resistance above!
Buy!
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CRUDE OIL First Up Then Down! Sell!
Hello,Traders!
CRUDE OIL fell sharply from the highs
On the news of the greater than anticipated reserves
Now, we are seeing oil rebound to retest the higher supply levels
And while its hard to predict oil behavior now
I think that the resistance above is strong enough to cause a pullback
Which can be played in our favor
Sell!
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CRUDE OIL Will Go Down! Sell!
Hello,Traders!
CRUDE OIL is etching closer and closer to the weekly resistance
While trading in a steep rising channel
I think that once oil hits the resistance
We will see a pullback
And IF the rising channel breaks to the downside
We will see a full fledged correction
Sell!
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