VasilyPonomarev
Short

CRUDE OIL (WTI) Preparing for SHORT! Trading Plan

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: New VIDEO trading plan!

Comments

what about now?
+3 Reply
VasilyPonomarev Amro_Elzeiny
@Amro_Elzeiny, If you are on the short side like me, you can short with a strong protection. 1% risk
Reply
I am shorting it until 32.80 lets see how it turns out to be. With all the shares back to normal and businesses open i feel like it will go back to 40 soon.
+1 Reply
@ibthal, here we are just trading to catch a pullback!

but I do agree with you!
It should recover soon to higher levels!
Reply
@ibthal or even to 50!
Reply
perfect👌
Reply
Beautiful, accurate forecast ... What are the next goals Do we see a drop towards 29 and down ....We would love to have surgery
Reply
so the next one is 31.60 and it will bounce from there?
Reply
it reached 31.60? when???
Reply
SemEeken tuongvy0501
@tuongvy0501, no he means target 1: 33,0
Reply
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