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Crude Oil Technical Analysis

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 2, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 01 December 2015 WTI Crude January contract WTI Crude holding minor support at 4175/70 as I write which again allows a recovery to 4215/20, perhaps as far as strong resistance at 4245/50. Try shorts here again with stops above 4280. If we continue higher today look for 4315/20, then strong resistance at 4375/80. Try shorts with stops at 4420. Be ready to buy a break above 4400 to target minor resistance at 4475/80. Just be aware that further gains target a selling opportunity

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