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UmarAbdurRehman

Crude Oil downside to continue

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CFDs em Petróleo Bruto WTI (TVC:USOIL)  
UmarAbdurRehman Atualizado   
TVC:USOIL   CFDs em Petróleo Bruto WTI
Trend Analysis Crude Oil crudeoilwti wticrude crudeoilshort crudeoilprediction crudeoilforecast crudeoilanalysis crudeoilsignal
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trendanalysis crudeoil crudeoilwti wticrude crudeoilshort crudeoilprediction crudeoilforecast crudeoilanalysis crudeoilsignal
Crude Oil have been strong from last year with succession of new tops and lows-whilst it just broke the multi-days bullish channel and undergoing a linear compression setup. Price action and momentum indicators are suggesting the downside to continue towards the prior support area around 61.94. I am looking to short this market around 67.27-66.20 with stop around 68.69, for a target to 61.94 over the coming days.
Trade ativo
Trade fechado manualmente:
I banked my position at 63.89.

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