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WTI Oil - Fresh Extension Of Friday's Strong Fall Probes Below 45. ...

Discussion in 'Technical Analysis' started by Kaitlin, Sep 12, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Strong bearish acceleration on Friday left long red daily candle and generated strong bearish signal. Fresh extension lower on Monday, penetrated strong support zone at 45.45/45.22 (daily cloud top, reinforced by daily Tenkan-sen and daily Kijun-sen line) and extended losses to 44.84 so far, coming ticks away from next pivot[​IMG]

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