try to draw channels first to get an idea where u r , This was not good analysis expecting oil to rally after OPEC meeting it did already rally , so it was time to take profit not to buy , Also u had a huge run, never buy at end of a bull trend, on the long run, this is not good idea, also MACD is given a clear signal sell , it is yearly high.... Dow was expected to correct and oil to fall with it. So, I would sell or dont touch it, but never buy here
Visionary
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@FxMarketStrategy, Thank you for the feedback. I'm pretty sure I got a bit emotional over this specific trade. I think I was watching too many bearish videos LOL. I LOVE your analysis on crude oil. #takingnotes