Petr Suchanek

Crude Oil short setup

FX:USOIL   CFDs on Crude Oil (WTI)
122 1 1
Since the Crude Oil             has been choppy below an important resistance (watch the daily chart ), I have been looking for an opportunity to go short. Now it seems a nice topping action as a false-break of prior swing could be the right signal for short entry. Currently I am in a profit and waiting for the target at the 61.8 Fibo of the prior swing.

For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel:
Ok, the setup worked out nicely and I succeed to take a nice profit. Now it is very probable that the price will retrace higher (I expect at least to 102.6 or even back to 103.6 which would be a very nice area for a potential short setup again). Follow my next chart I will publish in a few minutes.
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