Trgovanje.eu
Long

WTI buy at support but longer term still bearish

NYMEX:CL1!   Light Crude Oil Futures
169 5 3
Last week WTI broke out of a falling wedge and H&S patterns and we are now just close to hitting the H&S target.
I think we could see a retest of the 45 USD/bbl mark and then continue the longer term sell off?
clear downfall. are you keep playing long? since when? careful about margin call :-( LOL
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I am short at the moment but am planning to close shorts at 40, go long there (with limited size) and then, if things will look good, re enter shorts at around 45 level.
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fensydyl Trgovanje.eu
Thats great.
but dont go long immediately before Wednesday next week. Check the news and then decide :-)
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fensydyl Trgovanje.eu
i will close my short at 39.90 ...there wont be any big move today i guess. Good Luck buddy :-)
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Yup, definitely waiting for a confirmation. Cheers and good luck to you too
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