Cuddles1997-1999

zoom in on oil short

Short
Cuddles1997-1999 Aggiornato   
TVC:USOIL   CFD Petrolio WTI
just weekly continuation of poor fundamentals, still surprised oil didn't close lower. i think 71.71 is the top for now. basically stop over 72
Commento:

bear flag and what looks like a mini h+S with an implied target of the first 68.57 target i've indicated in the main idea. 71.28 decent entry for daily scalpers.
Commento:

re entry may be a bit higher
Commento:

kind of looking at a retest of that EIA top 71.57 this week if oil is to develop into this channel. kind of looks like mid channel resistance
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