USOIL pull back to 0.618 level and good to short

After The Stop loss due to the gap up.

I decide to enter for another short
at 48.20

The reason is 0.618 pull back
and also the left structure.

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The short from 49 win 100 pips

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ok. now is 47.50.
All position makes good profit

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Very nice drop. big winner

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Oil dropping nicely. Hit 45.00, +320 pips

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Guys, Remember to take some profit

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Nice price action

Trade fechado manualmente:

The latest short from 49 was stopped out at 50.20
So the total profit for this trade is: +320 - 120 = 200 pips.

I have updated a new idea to trade oil.

Comentário:

Sorry, forgot to add the other losing position from 47.78, -140 pips.
So the total return for this trade is 320-120-140=60 pips.