After a fantastic run over the past months, OIL has now come into an area of strong resistence (Weekly chart).
A potential sell opportunity for this commodity in the months to come.
As first target, 55.80 is a strong support. However this "ride" will take us further down into the 52.00 USD per barrel
I´ll place a sell limit order at 58.32 ( actually at 58,29 front running in this case my order(s))
A potential sell opportunity for this commodity in the months to come.
As first target, 55.80 is a strong support. However this "ride" will take us further down into the 52.00 USD per barrel
I´ll place a sell limit order at 58.32 ( actually at 58,29 front running in this case my order(s))