US Crude - Weekly Tech overview:
it's not that bearish in our opinion as some are trying to tell us. Even more, we think it's... bullish. Of course we are talking about weekly chart, so things ( most probably ) are not going to change overnight. Please check the chart below for more details ( which level/zone bulls need to hold - in other words where bullish scenario could be invalidate. Also please check which level/zone bulls have to take out to open possibilities for even higher prices ).
Please let us know should you have any additional questions or you would like to discuss other crosses as well. We are here to help you, just contact us at: landoftradingATgmail.com.
Happy Trading
Mr Price Action
DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016. Contact: landoftradingATgmail.com
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