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Commodity technical analysis – CRUDEOIL rejected from key resistance

On dec-29 trade update, we talked about 2540 layer of resistance where we're looking for sell signal.Recently we've seen price retesting the same layer of resistance again & got a strong rejection.We're still sitting in bearish side for crudeoil & our target remains same as talked in earlier post around 2300-2240.

06.01.2016-2


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PLS NOTE : All chart analysis posted above are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone.

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