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Crude Oil Technical Analysis

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 15, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Daily Forecast - 15 February 2016 WTI Crude March contract WTI Crude shot higher exactly as predicted to the 2940 target. We wrote: Here there is a good chance of a high for the day but shorts need stops above 2980. It doesn't get any more accurate than that!! We topped at 2966 & sold off to the 28890/80 level & bottomed exactly here!! First resistance at 2940/50 today, again shorts need stops above 2980. A break higher is a good buy signal & targets strong resistance at 3040/45. A

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