VasilyTrader

CRUDE OIL (WTI) Preparing for SHORT! Trading Plan

Short
VasilyTrader Updated   
FX:USOIL   CFDs on Crude Oil (WTI)

hey guys,

WTI is retesting a key daily structure resistance.

the price has just been rejected on 1H and formed a double top formation.

to short I will be waiting for a breakout of the underlined yellow structure support (1H candle close below).

target levels will be 33.0 / 31.6

stop will be placed above the tops!


the price may coil for a while within the range of minor yellow support and resistance.
h&s may be formed as well.
be patient and don't rush!

being broken to the upside, setup will be invalid



Trade closed: target reached:
T1 reached
Trade closed: target reached:
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