Find your best entry for shorting at the resistant. The volume was building up showing that a lot of participants and the small range of the candlestick shows that the supply greater than the demand. The trend need a little correction for the next upwards momentum and it is a healthy trend.
While the economic news showing that Saudi agreed to continue the cut...
During this moment crude oil ranging sideways for a few weeks. It is a long phase for trend following traders.
However I was looking for a chance and possibility to short this black gold for medium term with risk and reward ratio almost 2.
Please follow me for kindly update.
Thank You.
