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West Texas Oil
Short

WTI CRUDE SHORT SETUP

By EddieShin
Updated
ENTRY: SHORT AROUND $54 IF IT COMES BACK UP TO PREVIOUS HIGH

STOP: ABOVE $54

TARGET: $51
Note
WTI Crude is coming back up to previous high area
Short setup still valid at this time
Trade active
I WAITED FOR RETEST OF PREVIOUS HIGH AREA AND ENTRY GOT TRIGGERED
LET'S SEE HOW IT DOES
Trade active
Nice retracement short entry @ major resistance zone

About +1R reached at this time
Trade active
hovering below the resistance and my entry area

I think it needs strong fundamental-driven stimulus to break through $54.
Trade active
Still hovering below my entry zone
Trade closed: stop reached
shortsetupSupport and ResistanceswingtradingtradingWTIwticrudewticrudeoil
EddieShin

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