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Double top in Crude Oil - Bears in charge now

업데이트됨

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

액티브 트레이드

Short from 66.20

노트

SL at 67.18 just above the top. Will be chasing down this baby.

노트

Took partial profits, let's wait some more and seek for RESHORT opportunities.

노트

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.

매매 수동청산

Enough of shorts, let's aim for 80!

액티브 트레이드

After the weekend, we analyzed and determined a SHORT was worth it. Short from 67.05, winning so far.

주문취소됨

Will follow up on our most recent idea.