Chart of The Day $Oil 1-12-2017

On the Oil daily chart, we can see that the instrument has broken below triangle briefly and reversed in a volatile session. It is retesting broken triangle 52.500 level and rejection here could lead to a retest of 50.500 and extension downside to 48-49 zone.

Happy trading! (click on the chart to enlarge it)


oil trend following strategy

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Just copy trading !

Just copy trading

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