May 15, 2013
- in Uncategorized by schooloftrade
Can these sellers keep control of Crude Oil Prices?
Crude Oil Daily:
This morning
we can see this big, full-bodied bearish daily candlestick is telling the
sellers are in full control after failing at the highs of the price-wedge. We’ve been watching the sellers gradually
take control over this price-action over the last 3 days and this morning we
have an easy clue to be looking for selling opportunities.
we can see this big, full-bodied bearish daily candlestick is telling the
sellers are in full control after failing at the highs of the price-wedge. We’ve been watching the sellers gradually
take control over this price-action over the last 3 days and this morning we
have an easy clue to be looking for selling opportunities.
Key price
levels we see on the daily anchor chart are 93.44 and 92.65. a Daily candle close above 93.44 will be
bullish, and a close below 92.65 is considered bearish.
