andberg

20150929 Strong pitchfork resistance over USOIL

Kort
FX:USOIL   CFDs på råolja (WTI)
1
many traders would love to see the price going up but it needs to make a solid support first and to my point of view it may takes one month or less to make it anywere to bottom trending line or pitchfork parallel making a kind or symetric triangle with another pitchfork parallel making a focus point called apex on chart. If the price goes up now, there is another resitance coming. Except pitch fork support on the chart, all other formation or trending lines are bearish for now to my point of view but I can be wrong.

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