USOIL OIL - getting ready for sell short 1H

FX:USOIL   CFDs on Crude Oil (WTI)
Timeframe: 1H

Looking to go short @ around 51.15 if we get there possibly 2nd entry @ 51.62
Stops above recent highs – 52.50
1st target 1.414 ext. @ 48.82
2nd target 1.618 @ ext. 48.05 / or runner depending on new chart structures.
RR: 2.31
Good luck and good trading.
Arek JP
Dead on - in the trade - lets see how it plays out.
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