JayM

Crude oil braked down monthly Pivot.

Short
JayM Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Crude oil trading below monthly pivot. TWO days closed below confirmed the brake down and more weaknesses can be expected in the coming days. SELL at 50.30 for Oct. 5th. Inertial target is 48.00, SL is set above 50.70.
Trade closed: stop reached:
Wait for another sell set up.
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.