DLavrov

WTI Short Opportunity

Short
FX:USOIL   CFDs on Crude Oil (WTI)
We have a sell signal: price bounced from MA20, RSI confirms price reversal and MACD is going to confirm down movement. As for DMI indicator, ADX line is above 20 and confirms trend market conditions. We can place sell-stop pending orders below the local low, it's 46.70 level. Stop orders must be above 48.50 and take-profit orders at 44.00 level.

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