Crude Oil Short Opportunity

Tr8dingN3rd Updated   
NYMEX:MCL1!   Micro WTI Crude Oil Futures
I posted a lot about Crude Oil on my Website and also on YT. The first short was nice success.

Now we get the chance to do it again "Sam" §8-)

This current test of the L-MLH of the white Fork was brutal.

The squeeze is similar to the one of the 23rd of September. Just a little smaller, but more vicious.

As for a Stop, I think it needs top be at least above P2.
This gives us a Risk to Reward > 3, if price can tank down to P3, at the L-MLH of the red Pitchfork.

As always, play it small in these vertical markets. Don't try to be a Hero. Just protect your Capital.

All the best Tr8dingN3rds §8-)
Trade closed: stop reached:
At least it was a quick death §8-)

The overnight squeeze got me.

On to the ntext.

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