#CL1!(Crude): Bulls Losing Steam At Key Hidden Level?
Traders,
It's great to be back again after being very busy with business relations.
Looks like Crude has hit a major action level. Price hit the resistance zone, and also hit the Fibonacci extension target move. Nice dark cloud on the previous session showing the level has been acknowledged. Good place to take profits in a long position. Shorts can be considered if we get a bit more bear strength.
It's great to be back again after being very busy with business relations.
Looks like Crude has hit a major action level. Price hit the resistance zone, and also hit the Fibonacci extension target move. Nice dark cloud on the previous session showing the level has been acknowledged. Good place to take profits in a long position. Shorts can be considered if we get a bit more bear strength.
