Richardvw

Crude Oil. Breaking to 60 dollar? or retracing back to 50's ?

FX:USOIL   USOIL-品种-描述
Oil             could break and heading to 60 dollar. When it retraces it can go back to the 50 dollar area.
What do you think now? 57 usd reached. I hink sould go back to 52 at least in a few days.
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I will delete this one. (when that is possible) I have replaced it on my new account: Rich.Exclusive.Trading.
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Unless there is some unknown increase in oil supply or lack of demand, seems unlikely to retrace back to 50 no?
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Richardvw JohnnyBeGoode
@JohnnyBeGoode, That's what it seems like yes.
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JohnnyBeGoode Richardvw
@Richardvw, I feel a retracement is due, but sellers need some good news to start it.
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