morningstarpips

OIL to the downside

Short
morningstarpips Updated   
TVC:USOIL   CFDs on WTI Crude Oil
We could potentially see USOIL reaching the yellow target, even though the sentiment is 50/50 we can expect it to see to the downside. As I've mentioned before these markets are algorithmic that can easily be manipulated. our green zone lies below a very strong quarter zone. It is also an imbalance in the market which leads to unhealthy price action as it has also risen up trapping a trendline to the the upside.
Trade closed: target reached
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