ImranIshaq
Short

US CRUDE OIL- Sell Oil

NYMEX:CL1!   LIGHT CRUDE OIL FUTURES
TP REACHED

As per the price action of Oil             and US inventory data yesterday, I reckon that we will see a move down to 57.99 which is inline with the medium term bearish bias.
TP hit as analysed
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also good confirmation from the RSI on H4,it is below 50
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i prefer waiting to hit 60.45,then i could sell?
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ImranIshaq Esmail746
Yes that is a good confirmation to enter this trade. I prefer to enter trades at either ceilings or floors to maximise my profits.
But each individual has their own trading style.
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