Short Oil short term for target of 49.40
Updated
Oil is showing signs of exhaustion on 30 mins chart at current levels of 50.13.
Trendline break plus negative divergence on RSI makes it a good short term short bet for target of 49.40.
Keep strict stop loss @ 50.55
Trendline break plus negative divergence on RSI makes it a good short term short bet for target of 49.40.
Keep strict stop loss @ 50.55
Trade active
Trade closed: stop reached
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