chartsuber

After Yellen not being "Patient": perfect spot for short UKOIL?

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FX:UKOIL   CFDs Dầu thô (Brent)
Funny because as I just put my first post in yesterday on the "All-time support/resistance level of UKOIL, I didn't think it was going to play a part already: I can't help to stop wonder: Is it a perfect short opportunity? It comes down to how strong the "All-time support" act as (new) resistance, and technically it presents itself as a textbook setup because of the not successfull retest is a classic point of entry. It's a temping thought because nothing fundamental has changed regarding supply, demand, and so on etc. However if volatility keeps up things can change. Still on the fence for this, but seriously troubled :)
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