shorting oil because market structure has broken and we have a big engulfing bearish candle
Note
I used a 50% fib retracement on the 4 hr bearish candle opec is meeting as well fundamentally so maybe that's why the price is dropping
Trade closed: stop reached
stop loss hit i shouldnt have sold in an uptrend i will be looking for buys to the $85 area
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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.