GeorgeJimas

Doubled down on oil short

Short
GeorgeJimas Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
RSI trending down, it has yet to be reflected in the price.

I doubled down on my short friday when the price peaked, and the OPEC meeting hasn't change my mind. IMO the OPEC news was already priced in with oils run to $55, and until I see some solid statistics from OPEC and not just a bunch of words, my mind isn't changing.
Trade closed: stop reached:
SL reached with small profit.

My stop loss was literally the low of the day for my leveraged ETF, so congratulations to whoever pushed oil just enough to reach my SL before having it sell-off.

Thank you anonymous stranger.

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