Oil range bound and possible decline

5. Sept. 2019

Crude oil looks range bound at the current moment with a break of the wedge up or down indicating a nice sell or buy opportunity.

I remain bearish and am selling at the top of the wedge. Expecting to see below 50 by year end

6. Sept. 2019

Trade ist aktiv

OIl maintains in the channel after a fake breakout yesterday expecting it to touch the bottom now. Since we have a fake breakout we could possibly expect a further decline