max_andronichuk

False Breakout for Oil? I suspect so

FX:USOIL   CFDs on Crude Oil (WTI)
Following on from my last post on this market, I suspect that this is a false breakout which will catch a few bulls out. In short I believe we will see a reversal down to around $34.00 before the REAL rally starts. Time will tell but this is a rough illustration of my expectations currently.
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