Last time we talked about oil we were watching $98.23 on the weekly chart, US oil reached as high as $99.14, Our week chart range resistance is $97.95 to 100.91 so we are watching this are, with an eye on the 4H and daily chart for continuation above or a turning point from there.We did very good with oil last month from $76.05 to $96.05 position trade, and we looking Forward to do the same for next move
DislikedGood analyst spot trends, anticipate change of a trend,
US oil after reaching 74.91 100% and 1.618 of the down leg, the extreme, bullish formation was formed, we at resistance, if this formation continue without the crap of NFP the target will be 84-85 area.
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