Light Crude in possible resistance zone here. I dont have a target for the down move, will check again if I see this level is confirmed as resistance.
Note
So resistance was screwed with the Iran news. This looks awful lot like a shakeout. I’m entering a short here. I dont know how to update chart yet. But Nymex still in resistance zone for me.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.