Taking a short in oil for TVC:USOIL by Novilin

trendanalysis supplyanddemand supportandresistance oil oiltrading oilprice oilshort oilwti

It seems oil has hit a heavy supply zone, I expect prices to fall atleast minutely before a retrace

dislaimer:- please note, I am not responsible for your financial decisions in anyway

Comment:

see that red box? price closing above the redbox is my stoploss

Comment:

stopped out and re-entered short

Comment:

downward channel established see link above

Trade closed: stop reached:

oil fools me again :(

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