ArekJP
Short

USOIL OIL SHORT SELL short term idea

FX:USOIL   CFDs on Crude Oil (WTI)

Timeframe: 15m

Quick short idea based on fib retracement - recent resistance now possibly turning support (blue rectangle ) targeting 78.6%, RSI – overbought. Good RR – stops above recent highs ~52.50, targets @ 50% fib and 2nd @ 78.6% fib
Good luck!
Arek JP
Hmm I think you are shorting a bit too much? Here is my take, take it easy shorting this much, while bulls are in charge...
snapshot
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