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TheTradingDistrict

USOIL - Channel Breakout

Short
CFDs sur Pétrole brut (WTI) (FX:USOIL)  
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FX:USOIL   CFDs sur Pétrole brut (WTI)
Trend Analysis Chart Patterns Parallel Channel thetradingdistrict Crude Oil WTI usdoil UWT DWT Crude Oil Futures WTI (CL1!) cl1 Oil Crude Oil
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trendanalysis chartpattern parallelchannel thetradingdistrict usoil usdoil uwt dwt cl1! cl1 oil crudeoil
Last week we had a massive push to the downside breaking the trend line support. We may have a pullback/retest to 56.25's before we make a further push to the downside. If price indicates sell confirmation at retest, we will be entering short positions.
Ordre annulé:
There was no complete breakout. That is why we always wait for confirmation.
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