YongLiang

CRUDE OIL, DAY CHART, NEUTRAL (18-DEC-2016)

TVC:USOIL   WTI 原油差价合约
Note: Crude Oil

Now we see the price of crude oil is near the strong
resistance zone at 52.2x level.

There are 2 trading plans for this:
1. If the price breaks the resistance zone strongly,
wait for pullback to the resistance zone or 20-EMA
and bullish signal to long again

2. If there are 1-2 more bearish signal around the
resistance zone, it might be good to short!
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