[US-OIL] Another red wave for oil?

Weekly chart is showing that the upside momentum is slowing down which may indicate the first move of a downtrend.

If price goes above 67.60, bullish outlook.

If price goes below 65.60, bearish outlook.

Trade geschlossen: Stop wurde erreicht:

Broke above the consolidation zone. Potential was great, but did not break.

Now potentially looking for long positions.