This chart show us how it's going to be. The Channels are showing big chance to fall Oil. you can short right now by setting SL above the previous high. Big Chance to win more than 1600 pips. prepare yourselves.
i am not agree with you if dip come to 54 -55 good buying oppertuniy to tgt 62+
Nshan
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@royalbengal, from 57.7 to 54 makes 370pips which means 3700 $ with 1 lot, why not to take the shot and book profit at that level? Did you see how it fell?