WTIUSD OIL SHORT TERM SCALPING SELL
Hello Traders,
Oil is in initial stage of Uptrend in Daily chart , however price has been rejected by 50 MA in daily , since crossing over 9/21 MA in previous sessions of trading a retest of MA's is also due , therefore we expect price action to retest support levels before moving higher ,
Please note that this is short term counter trend scalping analysis which makes this trade riskier .
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Oil is in initial stage of Uptrend in Daily chart , however price has been rejected by 50 MA in daily , since crossing over 9/21 MA in previous sessions of trading a retest of MA's is also due , therefore we expect price action to retest support levels before moving higher ,
Please note that this is short term counter trend scalping analysis which makes this trade riskier .
Please follow me to get updated trades during the week.
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