West Texas OilShort
WTI Bearish breakout happening now!
Hey guys! We havent been to active but here we go again!
We are taking shorts (swing trades) on WTI based on the current breakout + retest of the support turned resistance.
Our Stops are around the 94.2 level while our Take profits are between 80 and 85, we will seek to compound the shorts as the market moves.
We rarely take swing positions but couldn't resist this one.
Ofcourse we are just as ready to buy as we are to sell (one of our key trading rules), so if this fails, we will go long IF THE MARKET indicates a buy opportunity!
Are you trading WTI?
We are taking shorts (swing trades) on WTI based on the current breakout + retest of the support turned resistance.
Our Stops are around the 94.2 level while our Take profits are between 80 and 85, we will seek to compound the shorts as the market moves.
We rarely take swing positions but couldn't resist this one.
Ofcourse we are just as ready to buy as we are to sell (one of our key trading rules), so if this fails, we will go long IF THE MARKET indicates a buy opportunity!
Are you trading WTI?
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