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K.I.S.S. Swing Trading Crude Oil - Gap filled, now time to watch

Short
TVC:USOIL   CFDs on WTI Crude Oil
K.I.S.S. Swing Trading Crude Oil - Gap filled, now time to watch 200 MA on 4 hour, last time price tested it twice and sold off. #swingtrading #crudeoil

If price gets under 200 MA on 4 Hr and 20 MA crosses 200 MA with price under, this is a fairly decent signal a trend change is setting in for a considerable pull back. You can run this basic indication on each time frame to get a feel for your swing trade positioning and sizing.

A simple but effective way to gauge bias, sizing, risk, positioning strategy etc for oil swing traders.
Compound Trading Group | Founder

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