USOIL: Short opportunity aiming for 38

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If you didn't get short oil yet, you may have another opportunity today, if price retests the purple zone above. I'd reccomend shorting under yesterday's low in case this zone doesn't get retested. With stops at 47.85 and targetting 38, this could be a very good swing trade opportunity.

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Ivan Labrie

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Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Anmerkung
If we don't accelerate down today, we'll see a retracement before more downside.
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Anyone caught the retest of the purple zone?
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Snapshot

Bears gaining ground here. Looking for more downside. Keep stops above Friday's close.
rgmovtimeatmodeCrude Oil WTI

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