We just saw a double top pattern in WTI which is signaling a downtrend in Crude Oil. We are shorting it now looking for a 64 as first stop our final target is around 55. Keep in mind that a break on 66 or 64 may be the start of a large move.
Good look
Trade attivo
Short from 66.20
Nota
SL at 67.18 just above the top. Will be chasing down this baby.
Nota
Took partial profits, let's wait some more and seek for RESHORT opportunities.
Nota
We entered a reshort from 64.30, now taking partial profits at 63.00 Expecting to see a lower move but I want to to see a retest and then enter another short.
Trade chiuso manualmente
Enough of shorts, let's aim for 80!
Trade attivo
After the weekend, we analyzed and determined a SHORT was worth it. Short from 67.05, winning so far.
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