PA-FX

Crude Oil at a key level for possible reversal.

Short
PA-FX Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Crude Oil did reach a key area, where we have previous structure resistance, 61,8 Fibonacci retracement and Monthly R1. We also have a hidden bearish divergence on RSI daily TF. I will start looking for bearish evidence on 1-4H TF here in this kill zone where the price is testing.
Comment:

Nice structure break on 4H TF, if you missed the first down move then wait for a correction or retest for next leg down.

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