christopherbrecher
Short

Classic "overbought in a downtrend".

FX:USOIL   Crude Oil (WTI)
377 4 4
Typical oversold rally. Wait for the trendline break to initiate shorts.
Where is your target of this short, Chris? Do you see the down trend to resume?
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Good chart. How close do you put your trailing stop here? 51?
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I don't. I just wait for the price to show some positive divergence, and get above the 20 ma
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Tell us very soon the entry price for Long again ;-)
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