We can open Sell near the Resistance level because: - the price try to hit that level 58.64 several times; - there is a Head and Shoulders pattern on H1 chart; - the risk-reward ratio is 1:3 or more.
Before to trade my ideas make your own analyze. Write your comments and questions here! No need to write it in PM. Thanks for your support!
I shorted 5 of the CL contracts at 59.48 and covered at 58.80 I probably should have left the trade open, but it was still a nice trade for 44 minutes..