Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
WTI CRUDE OIL, SHORT, DAY CHART (13-NOV-2016)
CFDs on WTI Crude Oil
Short
WTI CRUDE OIL, SHORT, DAY CHART (13-NOV-2016)
By YongLiang
Follow
Follow
Updated
Nov 20, 2016
2
Cheer
Cheer
Nov 13, 2016
Recently quite strong bearish market behavior.
A weak flag also appeared which might suggest the bearish trend will be continued.
If it breaks the support zone around 43.00-43.10, it will be good to short.
R/R ratio will be around 1:1.32
If after breaks the support zone, it pulls back to the zone, look for another bearish signal to short again.
Nov 20, 2016
Comment
We will see if the price of crude oil will go down again this week or bounce back from the previous support zone...
commoditytrading
Crude Oil
short
swingtrading
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
.