Now we see the price of crude oil is near the strong resistance zone at 52.2x level.
There are 2 trading plans for this: 1. If the price breaks the resistance zone strongly, wait for pullback to the resistance zone or 20-EMA and bullish signal to long again
2. If there are 1-2 more bearish signal around the resistance zone, it might be good to short!
@WenNewman, hmm hmm. I remain neutral.
The current trend slightly bullish, I will wait for 2-3 bearish signal to short or the price break the support line strongly.