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Shorting USOIL at $49.90

Short
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FX:USOIL   CFDs on Crude Oil (WTI)
4
Good luck as always!
Comment:
I'd suggest you now wait till it retraces back to $44.50s and exit your short position, or wait to see what happens at that level as it may continue the down trend, personally I'll try the second option as if it break the $44s we'll see the $40s. For those of you who entered short at the $50s as I did, I'd suggest you now move your SL down to $47.50. I'll keep you updated.
Trade closed: target reached
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