TVC:USOIL   CFDs on WTI Crude Oil
Hey guys!

We had big move to the upside, however, it is going to create corrective structure. Expecting $8-10 price drop before we take another long shot.

Hope you benefited trading both side.

It's not a trading call just an idea how the market would move.



Hi Humair what’s the position of oil for next week ..? It never came below £30
+1 Reply
HumairDawood HealthIsWealth
@HealthIsWealth, I doubt this is going back to $30.00 now unless they decide to cut extension in the next OPEC meeting. I will look for buy entries, and won't risk SELLING it.
Why do you not think that 8-10$ drop is too high?
+1 Reply
HumairDawood gbenashvili
@gbenashvili, Have a look at chart on D and see how far corrective structure moves on OIl generally.
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