After successfully hitting the 50.00 target mentioned last week I expect CrudeOil to go down in what looks like an uptrend channel after a reversal pattern.
There is a resistance at 58's that is my next target only if the uptrend is not reversed in the next move down the next week.
There is a resistance at 58's that is my next target only if the uptrend is not reversed in the next move down the next week.
Trade closed: target reached
Let's close this trade and wait for another move.