USOIL Short Trade for Completion Dof aily Corrective Structure
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Hello traders.
I believe oil has great potential for upside. But first, it should go down in order to complete daily corrective structure. There isn't any divergence in up move. So, it can keep going up, and break previous top. This scenario won't change my expectation, but I will start to look at running or expanding flat instead of regular flat. In any case, I'm expecting a nice drop. I hope it starts now. I have an entry order and I didn't set any target yet. This is my medium-term forecast:
I believe oil has great potential for upside. But first, it should go down in order to complete daily corrective structure. There isn't any divergence in up move. So, it can keep going up, and break previous top. This scenario won't change my expectation, but I will start to look at running or expanding flat instead of regular flat. In any case, I'm expecting a nice drop. I hope it starts now. I have an entry order and I didn't set any target yet. This is my medium-term forecast:
Trade ist aktiv
Anmerkung
I moved my stoploss over the correction to reduce the current risk.Anmerkung
move stoploss to breakevenTrade geschlossen: Stop wurde erreicht
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