US OIL - WTI - Short then Long - update
Updated
16th January 2017
Here's another update with revised levels and targets.
Have drawn in the red sloping line, i am looking for price to stay within this line, with a push below the blue dashed line at $ 50.90 should give direction.
Then a push below the green dashed line at $ 50 should give confirmation of the move.
I am in late on this one, should have been in at the anticipated high of $ 55, that said a break above that figure could see higher prices towards the $ 58 level.
SL is at $ 53.80
Here's another update with revised levels and targets.
Have drawn in the red sloping line, i am looking for price to stay within this line, with a push below the blue dashed line at $ 50.90 should give direction.
Then a push below the green dashed line at $ 50 should give confirmation of the move.
I am in late on this one, should have been in at the anticipated high of $ 55, that said a break above that figure could see higher prices towards the $ 58 level.
SL is at $ 53.80
Trade closed: stop reached
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