Andrey.Ustinov

Oil for further drop

Short
Andrey.Ustinov Updated   
NYMEX:CL1!   Light Crude Oil Futures
14
Sell limit: 49.50 to 49.55
Stop loss: 49.92
Take Profit: 48.35
Comment:
Seems we're still on the right road
Triple rejection + Bar formation for Bear side
Comment:
NOTE: there is a possible spike up so you i can hedge my actual short with long for higher high and add sell there
Trade active:
Shorted nicely
but still have a chance to make higher high before clear down
Trade closed manually:
profit looked for 2 positions:
first entry 49.57 - exit 48.63
second entry 49.8 - exit 48.63
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