TradingView
console
Apr 15, 2017 4:19 AM

Waiting for SHORT confirmations on OIL.... Short

WTI CRUDE OILTVC

Description

Technical analyst shows we are starting to enter a OIL down trend, waiting on some confirmations before taking trade, oil still in turbulence, current war like situations between NK, CHINA and USA might keep oil up or allow it to bounce hence that is why we are waiting for confirmations, ie: leave ichimoku turbulence.

On the 1hr its still in up trend, but about to enter a long down, its in ICHIMOKU turbulence now, but yes if it breaks cloud you are looking at 48ish, it can still bounce before that untill it breaks the cloud.

Trade closed: target reached

boom what a trade baby !
Comments
console
what a great trade
VadivalPranchi
Im already in short from 53.20 But the Geo political situation is much worrying.Oil always produce spikes on minor news so dont put stop loss
console
@ajayww2, Good tip on the spike thank you
More