IvanLabrie

Oil: Tight stop loss short

Short
IvanLabrie Aktualisiert   
FX:USOIL   Rohöl CFD's (WTI)
Oil should fall swiftly here.
We can enter shorts at market, with stops above 45, and target 35.50 in the coming days, between 7 and 10 days.

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Cheers,

Ivan Labrie.

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We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Kommentar:
The setup implies we should see a fast decline, if we hit 45 before resuming the move down the trade is invalid to begin with. Now retracing, but it has limited time to accelerate down again. Keep an eye on it.
Trade wurde manuell geschlossen
Trade ist aktiv:
We can short with a stop above today's high it seems, but give it some room.
Use stops above 46.77

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