Crude oil breaks strong resistance: 130 points move

US oil broke a crucial support line yesterday as you can see from the daily time frame:


It made a 130 points move and now took a retrace and is heading down (ideally should go even lower)

Hope you guys are taking advantage of this breakout :D

Similar threads

Zerodha – Open Paperless Account

Open online account with Zerodha. Free delivery trading and Max Rs 20 for Intraday, F&O, Currency and Commodity Trading. Intraday High leverage with MIS, CO and BO.

Are you a day trader?