PowerTrades

Crude Near Inflection Point

Short
TVC:USOIL   CFDs on WTI Crude Oil
Crude short term inflection point is 46-46.30 areas. Hold into that we will look for a downside rotation and lows to be challenged.
Hold above that we look to Go long.
Comment:
Crude , fantastic rotation from exactly the inflection point. Booked part here at 45's
rest an ambitious target areas of 44.30s
Trade closed: target reached:
44.30 done and dusted :) liquidation move - you dont trade against that

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.