USOil short follow up

FX:USOIL   CFDs on Crude Oil (WTI)
356 2 10
For my previous post regarding USOil             see link below:

I was looking for that last extension to finish and played the short set-up aggressively because of my overall view which I explained in the previous post. My stop loss is above the recent high and once (IF) we see a consolidation I will be looking to sell the continuation once more, after the bearish continuation I will move my stop loss to above the high of the consolidation (which has yet to start for a confirmation that the recent high really is a top).
4 hr             chart below:

Updates will follow once the consolidation starts, my target is still 40 and maybe even a new low from here to test 20.


www. facebook             .com/timstuyts

Comment: USOIL is continuing its move lower. We might see a more significant consolidation soon which will provide an opportunity to sell the continuation.
Tim. It's been a roller-coaster but now we're at the bottom of the range so looking good for your short although I am actually long a little
TimStuyts TomPower
I had a quick look and I see it consolidating on daily which is not favorable for a potential move to 20 from here. However I can't spend a lot of time in the market at the moment but will be back trading, updating and posting as of next week. Safe trades.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out