CFDs on WTI Crude Oil
Short
Updated

Oil finally going down ?

187
We are near a strong resistance, almost touching the 0.5 Fibonacci and on top of my stoch.
If we have a double top this will definitely be an opportunity for me to short, the purple arrows show some of the TP it could reach
Warning, it's still bullish long term in my opinion
Trade closed: target reached
Another absolute win, i'll close my shorts and watch for a bounce, or a follow through if it breaks the yellow line

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.