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Oil Short Setup

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
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TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Technical Indicators oiltrading oilforecast oilshort oilsignals Crude Oil WTI Crude Oil crudeoilshort crudeoilforecast crudeoilanalysis
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trendanalysis chartpattern indicator oiltrading oilforecast oilshort oilsignals usoil crudeoil crudeoilshort crudeoilforecast crudeoilanalysis
Oil Short Setup

🔵 Entry: $58.51
🟢 TP & RR: $53.68 (4.24)
⛔ Stop Loss: $59.65

REASONS FOR THE TRADE
✔️ Reached upper trendline
✔️ Seems like we are going to form a lower low
✔️ Divergence in the Market Flow indicator
📝 This is continuation of the short setup I posted a few days ago (1). If you are in a trade already this additional short (2) will increase your exposure, so I suggest moving your SL down.
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