Crude technical short

FX:USOIL   CFDs on Crude Oil (WTI)
Crude has retraced almost 100% from previous bottom forming higher high and higher low.

As per pitchfork it is trading within a channel respecting the boundaries.

RSI and STOCH are in overbought region indicating a possible reversal.

55.2 is resistance line.

Go short below 54.1 with SL at 55.2 for T1 52.5 and T2 50.0.
Trade active: Trade active
Trade closed: stop reached


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