Looking for position to go short? lets have a look.

Wait for pullback.

I think the oil is going lower, And why not getting some money for your wife's christmas gift? :)

We wait for the price testing the trend.
If it wants to go through EMA and trendline, set your entry-price (for short) at the place the price went trough the EMA.
And wait wait for the price going back.
We see a example at the first lightblue square. The price went back very fast!

Ask if any questions!
Regards Frederik

Trade ist aktiv:

As i said the oil wan't done falling :)