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UnknownUnicorn540299

Oil: Waiting for 52

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
UnknownUnicorn540299 Updated   
TVC:USOIL   CFDs on WTI Crude Oil
16
5
Oil invites for a reshort at 52. Should be a decent R/R trade.
Comment:
snapshot

Short from the box. 52-53 should be good entries.
I target approx 26 with the short.
Trade active:
Welcome 52.
snapshot
Trade closed: stop reached:
Oil love conflicts. Trade closed temporarily. This can lead price to higher range of interval. I will monitor PA and observe in the 53-55 range.
Comment:
Re-entered today at 53. Let's see.
Comment:
OK, break-down backtested. Go to zero dollar / barrel now, easy :)
On more serious hand; I am disappointed by the rejection from this level so far. Seems that bulls thrive on sentiment of Libya and other unstable areas.
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