DLavrov
Short

WTI Bearish Divergence

FX:USOIL   Crude Oil (WTI)
The market looks interesting for selling. The price bounces from 66.00 resistance level . RSI confirms price reversal. Bearish divergence gives a good trend reversal signal. MACD is going to support the downward movement. If the price breaks the uptrend line, it will be a signal confirming the market falling. Pending orders for sell can be placed at 64.50 level with stop orders at 67.00 level. Profit targets should be SMA50 and SMA 100.
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could you update pls
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Thank you for sharing your idea...shorting Oil for the short term is a good idea but for the long run I think its still long.
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thank you
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Nice!
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DLavrov lucky7btc.com
@lucky7btc.com, thanks!
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@DLavrov, Yep! I love to play both sides of the markets long and short. I love your calls!
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