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kausar13n

Crude Oil Analysis - Looking Good RR in Down side

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
kausar13n Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Wedge
3
0
trendanalysis wedgepattern
Crude oil faces resistance at the 200 moving average after break down rising wedge patern, indicating a potential 1:4 target. Traders may consider this point for planning their positions, keeping the SL in mind.

looking good RR we can take this risk but make sure to cut positon above 200 EMA.
Trade closed: stop reached
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