jnoelc
Short

USOIL Short

FX:USOIL   Crude Oil (WTI)
36 0 2
NOTE THAT I AM ONLY PAPER TRADING FOR EXPERIENCE

Shorting 1hr USOIL             based on:
- ADX low and rising, suggesting a transition to a trend(?)
- MACD showing increasing bearish divergence
- RSI has made a number of lower highs (after consistently topping out over 70)
- Price has broken lower line of rising wedge which may now act as resistance, and is now bouncing off the peaks from July.
Price has just dropped from upper Bollinger band

Shorting @46.75, 1.5% Stop loss, target 46.40 within 24 hours


Trade closed: stop reached: Closed by Stop loss,@ 47.03

Loss
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out