The big $30 psychological round number is key to the downside

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 14, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Daily Forecast - 13 January 2016 WTI Crude February contract WTI Crude severely oversold now & seems like every commentator & analyst is negative which makes me wary of a short squeeze. There are very minor positive short term candles but we need to beat first resistance at 3115/20 to build a short term recovery & target stronger resistance at 3190/95. Shorts need stops above 3225. A break higher however targets 3255 then strong resistance at 3315/20. Try shorts with stops above

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