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TheTradingRoom
Jun 6, 2022 9:35 PM

Short Scalp In WTI Crude Oil Short

Crude Oil Futures (Jul 2022)NYMEX

Description

Today featured a strong close for July WTI futures. If the $120.00 area comes into play again, a countertrend scalp may set up in the next 24 hours.

Here's the trade:

1) Sell $119.94
2) Initial Stop Loss @ $120.09
3) Profit Target @ $119.79, 1:1 risk vs reward ratio
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