USOIL 54.50 KEY Resistance

USOIL 54.50 is the KEY

The OIL Active Contract just Rolled

and there is a rollover GAP

However the price hit into the previous structure.

54.50 has a lot of pressure for the oil

We can make use of this Structure and Short Oil.

Target 1: Fill the Gap

Target 2: 53.00

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Nice fall, now is 54.18

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2nd Target Almost Hit. Nice Trade

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Price hit 47 after the EIA data . we short from 54.50.
740 pips move! If you short one lot, you win 7500 usd

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