rarewalt
Short

OIL WEEKLY CHART

FX:USOIL   CFDs on Crude Oil (WTI)
Alright guys I'm going to keep this really simple, there is weekly resistance right above us around the $62 area. Although the trend is bullish i expect a pullback before heading higher. Our $62 target on the upside has basically been hit and I will be going short here all the way down to the $60 level and possibly down to the $57 and if that breaks $55 is up next.
Comment: Oil ended up getting to 64.50 which is where I added a large SHORT position. I have taken half of those profits at 63.50 and I will be holding the rest with a break even stop loss. Looking for much lower in the near future. At least to $60 and possibly much lower.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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