Crude Oil goes DOWN to 50.
With the latest news bears have take the upper hand.
In an obvious downtrend its certain that we will see the 1st lower support levels around 50.It can rebounce back again or go straight to 45.We will update later.
Sell zone 55
Close at 51
Stop at 57
Please dont bull me because this is my first try to predict something and i know the chart cant explain plenty of the variables i have in my mind.I just wanted to share an idea.Thanks.
In an obvious downtrend its certain that we will see the 1st lower support levels around 50.It can rebounce back again or go straight to 45.We will update later.
Sell zone 55
Close at 51
Stop at 57
Please dont bull me because this is my first try to predict something and i know the chart cant explain plenty of the variables i have in my mind.I just wanted to share an idea.Thanks.
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