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breakoutfakeout

Short US oil. 30 min divergence. Cup and handle

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
breakoutfakeout Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Technical Indicators Oil Crude Oil WTI oiltrading oilforecast WTI wticrude wticrudeoil
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trendanalysis chartpattern indicator oil usoil oiltrading oilforecast wti wticrude wticrudeoil
Taking a short again on US oil. 30 min divergences of MACDH, stoch and RSi. We could see a retest of the neckline of the cup and handle and a break below
Trade closed: stop reached:
Reversed long July and Aug contract. Lots of strength coming in.
Trade closed: target reached:
Nice profits taken on July and aug contract longs. See next post for second attempt at this short
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