UKOIL/US - Possible Short

4 May 2017

3 possibilities in my book are, the price will either fall into the 40.15, retest and break 57.18 or retest 57.18, fail and range between that and 50.75. The FX market is unpredictable so anything can happen, this is just what I think are the possibilities.

I'm learning more towards a bearish move.

7 May 2017

Not

I'm looking for another short position with this one, 44.38 area