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CFDs on WTI Crude Oil
Short

Pending short, trend is changing

By pparmy1991
Updated
Seeing divergences on both RSI and MACD. Wait for a flag & break out of trend line. It will be easier to set a stop loss after the break out.

TP1: 49.5 area
TP2: 48 area
Comment
Still not break yet, the top might be retested.
Comment
I think the previous top needs to be broke before heading south. See what the weekly close will be tomorrow.
Comment
We have the new high, now it's bear's last territory.
snapshot
Comment
Looks like weakness is generating, let's see if the trend is broke this time
snapshot
Comment
Now could be a short setup
snapshot
pparmy1991

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