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TJtrader

WTI double top at 61.8% retracement

Short
CFDs on Crude Oil (WTI) (FX:USOIL)  
TJtrader  
FX:USOIL   CFDs on Crude Oil (WTI)
2
0
Possible short on OIL.
WTI begin to struggle to continue higher, rejected at 61.8% retracement into the previous support a symmetrical double top is forming around 41.75. Will we see a pull-back soon ? Let's wait the end of the day to see how it closes.
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