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E-Trend
Nov 14, 2014 2:23 PM

Trade the Trend evern further... Short

Crude Oil FuturesNYMEX

Description

braking the 75$ support line.. we are in a downtrend... we could lose another 6-8 dollar before the OPEC meeting...

so the game plan is the following :

TARGET : [6-8] dollars from today ~67
Timing : 2 weeks
Stop loss 76.50
Market Event : OPEC meeting on the 27 november.
Entry :Not so important, you can take it here 74.80 or 75 or a bit higher..

Direction : Bearish of course.
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