JamesZhang
Short

Short USOIL after it pull back from 200days' MA

FX:USOIL   Crude Oil (WTI)
141 0 4
  • As you can see, the USOIL-3.52% just pull back from 42.00 about 200 days' MA, I have opened my short order at 41.
  • If the bearish candle can end up a entity, it will further confirm the bearish trend .
  • Also, if the deaf cross of MACD is formed, it will be more authentic.
  • Suggest: Short, and look to first target of 34.
Comment: Just broke the resistance of 23.6%
Comment: Coming to the target.
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