Forex Trader

If we remember 2008. and WTI free fall from 147 to 35 usd from July until December, everything is possible here. Last technical strong support ‘station’ at 58/60 is waiting and after that level, there is no stronger support before 33/35. Usualy I don’t analyse WTI, but watching at this fall it’s start to be interesting. There is a lot of global ‘stories’ related to this decline, political, economic, but most of all I see this ‘technical story’. And, this is looking ugly now! If 58/60 level breaks and it could, it will become a strong resistance level and we could see the price heading 33/35 in the up coming months. We will see was I right with this prediction in 2015., because I will not analyse WTI Crude often.