Short Oil WTI (Round 2!)
Via SCO Shares:
Due for a pullback and looking toppy. Time for some mean reversion.
SCO
Limit Order Entry Fill: 21.53
Stop: 21.45
PT #1: 22.30
Risk to Reward (R/R): 1:9.63
Due for a pullback and looking toppy. Time for some mean reversion.
SCO
Limit Order Entry Fill: 21.53
Stop: 21.45
PT #1: 22.30
Risk to Reward (R/R): 1:9.63
Trade active
Quick update: I was stopped out of this trade right on the dot and re-entered as Oil WTI was rejected right at the 200DMA.
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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.