Technician

WTI Crude Oil: Short Before Long

Short
FX:USOIL   CFDs on Crude Oil (WTI)
28
Update: Trade is active
Update: moved stop loss to entry
Update: First Target Hit.
Update: Second half stopped at breakeven
Check attached screenshot in the comments below for trade on my platform


I published a long trade earlier ( ), however i am looking for a short term pullback that could materialize and trigger that long trade.
I am looking to short towards the main broken resistance at 54.20 before going long again.
-Short term price could be heading for a pullback as it hits 161.8 extension level and formed multiple pin bars
-RSI is showing potential bearish divergence

Good luck...
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My best regards
Technician
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