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CFD Petrolio WTI
Short

OIL corrective structure about to finish

Di pparmy1991
Aggiornato
ABCD corrective structure pulled back to 0.618 area, also a bearish harmonic pattern. Strong resistance from 50.80 to 51.20 and a good risk&reward ratio.
Nota
If price pulls back to 50.45-50.50 area and a reverse candle is observed, probably could add short entry
Nota
istantanea
Nota
Some thoughts on USDCAD, Watch oil drop to 49.25-49.40 area. Based on the pattern of USDCAD, oil might pull back from that area. Don't chase the price, short the pull back!

istantanea
Nota
Nothing has been really changed yet. Would like to see the data reaction tomorrow. Set a comfortable stop loss and that's it!
Trade chiuso: stop raggiunto
Still entered early, not patient. Reexamine it later.
pparmy1991

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