Short is much more possible on this commodity according to channel and bears on the market. On downtrend we have 2 more support areas. But always market decides the way we just follow it :)
In the first few hours following NFP on Friday, CT showed some hesitation before finally seeing an upside spike right in the closing hour, breaking it above downchannel resistance on the 4hr chart. In the daily chart, the symmetrical triangle CT finds itself in is edging closer towards resolution. Given that CT's RSI, Stochastics and MACD on the daily and 4hr...