Crude Oil sustain drop toward second target

Crude Oil sustain drop toward second target

Rami
01 (09) 2016 - 15:54 (GMT)
0

Crude Oil managed to sustain retreat after some rebound correction which reached levels below our expectations for Short-Run (for more details click here) while sustain drop toward second target (43.50)

Intraday-Levels will have multiple scenarios now as we can see over the chart, where below (43.50) market may add more pressure to sustain drop toward Short-Run target (41.00)

While as long as market holding trades above (43.50) market may head for rebound correction toward (45.00-50) before resume drop toward (41.00) zone

CRUDE OIL - WTI

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Rami

Rami

Hi all, my name is Rami, with more than 16 years experience in Forex Market, switching from Brokerage field to Fund Management and Risk Management specialty.I had an idea to establish a Home Page to present my thoughts on Forex Market from three different angle or prospective, Mid-Run, Short-Run & Intraday movements .

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