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Crude Oil Technical Analysis

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 16, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 16 February 2016 WTI Crude March contract WTI Crude holding above 3040/45 keeps the short term outlook to target a selling opportunity at 3145/55. Stop above 3195. An unexpected break above 3200 is a buy signal & targets 3245 then 3290. Failure to hold above 3050 risks a slide to good support at 2975/70. However further losses target 2940, 2900 & good support at 2830/20.

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