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Oil / USDWTI SHORT
U.S. DOLLAR / WTI CRUDE OIL
Short
Oil / USDWTI SHORT
By seildev
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Updated
Jul 4, 2017
3
Jul 4, 2017
Hi Seildev here,
Will be looking at shorting USDWTI/oil this evening. So far we have a very nice confluence area and key support and resistance of 47.1
- Structural trade
- 47.1 Key support/resistance
- 50 EMA acting as resistance
- 50% Fib
Safe trading
Jul 4, 2017
Note
- 1 hr TF RSI divergence to short indicating the bulls are running out of strength
Jul 5, 2017
Trade closed: target reached
Oil
oilshort
oiltrading
USDWTI
usdwtishort
seildev
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