VasilyTrader

double top on wti

Short
VasilyTrader Updated   
FX:USOIL   CFDs on Crude Oil (WTI)

hey traders,

on wti we have a nice completed double top pattern to trade.
what we need is the bearish violation of 51.5 support level.
the violation of this strong support will drive the market to the next level of structure 50.5

bearish violation of 50.5 will trigger heavy selling reaction and will drive the market even lower,
that is why close half of your position on 50.5 and another half will be in a free fall.

good luck!
Comment:
after a breakout the market went back to the top
Trade closed: stop reached

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