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Crude Oil Technical Analysis

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 18, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Daily Forecast - 18 February 2016 WTI Crude March contract WTI Crude selling opportunity at 3145/50 is working again as we top at 3172. First target is 3104/00 for some profit taking but below here look for support at 3050/40. This could hold the downside as we try to build a recovery but longs need stops below 3015. Further losses target the best support for today at 2950/40. Longs need stops below 2910. Our shorts need stops above 3195. A break above 3200 is a buy signal & targets 3245

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