CFDs on Crude Oil (WTI)
Short
Updated

selling oil

USOIL

We've seen a bounce off the previous resistance level and it looks like the price is going to retrace down to the previous support. The oscillating indicators stay in the overbought area at this point and we have a hint of a bearish divergence on the MACD. All in all, a good probability for a short.
Trade closed: target reached
Took profit on the dip

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