FM-Alkatheeri
Short

WTI US Oil clearly retracing back

FX:USOIL   CFDs on Crude Oil (WTI)
Since 6 March 2020 when the level been broken heavily NOW, its been under test !! which is opportunity for shorting for small journey.

So the plan:

* 20 Jun candle will be the point our point planning entry, any clear bearish candle with be my confirmation after retest back level 40-39 $

* SL will be 41.80

Two levels will be interested:

1- TP = 33
2- TP = 31

To break the above resistance it need naturally break the fear and push from below strongly to go beyond 40s and above for the long run. So we will set for longs at level of TP2 for our next trade :))

and it may go tell 30-27 $, but TP 1 & TP 2 is more than enough.

Lets see & Lets watch.

All the best

Comments

Nice !
Reply
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