Oil range bound and possible decline

5 sept. 2019

Crude oil looks range bound at the current moment with a break of the wedge up or down indicating a nice sell or buy opportunity.

I remain bearish and am selling at the top of the wedge. Expecting to see below 50 by year end

6 sept. 2019

Transaction en cours

OIl maintains in the channel after a fake breakout yesterday expecting it to touch the bottom now. Since we have a fake breakout we could possibly expect a further decline