Spot WTI Crude Oil
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WTI crude (USOUSD) short continuation .. the week of 12 May

74
Will price retest the support/resistance zone one more time? That is what I am hoping for. Note that we have been seeing consistently lower highs. Price then broke below the zone, did one retest already and seems to be trying to retest it once again. I am looking for price to enter the zone and then give me some bearish evidence.
Stop – above the zone
1st target can be at 57.00 with the possibility to take this down to 52.00

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