Adongdong

Oil possible short

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TVC:USOIL   CFDs på WTI råolja
Oil Short incoming.

As predicted last week, there was not a good short opportunity towards the end of the week.

Now we have noticed some weakness, showing bearish inside bar on 4 hour chart.

It's a sign oil might have hard time making another upward move.

Showing rising wedge lately and possibly with one more small leg up then it could be big sell opportunity.

Take a look at my previous analysis and I have very solid fundamental reason to back up short-mid term oil sell off
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