TradingView
purpurato59
Sep 29, 2016 10:35 AM

Butterfly Short

WTI CRUDE OILTVC

Description

The pattern did a great test of the PRZ and showed clear signs of reversal. There is also a divergence on RSI that points toward the same idea. The pitctchfork channel also coincides on this top.
OPEC's 'agreement' created this shortly lived spike that opens a great opportunity to profit of the return to USOIL price reality.

Trade closed: stop reached

The price to pay to know if the pattern is valid.
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