captain_smollett
Short

USOIL. 43 is calling

FX:USOIL   CFDs on Crude Oil (WTI)
181 1 7
After a Brexit referendum outcome the Commerzbank analytics told us to "forget about oil             at 50". Don´t think this is correct although they are right in one thing: oil             should retrace more.

A level of 43.50 looke pretty strong to be a target for the retracement but the price can also test 41.49 level. Any weekly close below that would mean a new travel to the 30s.

Will wait to Monday´s opening to see how the price opens and then take a decision on an entry point
Trade active: Short since 47.85 and added more on 46.69. First level to watch: 45.37
Comment: More selling confirmation on a chart below: descending triangle pattern, targeting 44 and also a small correction which is a trend continuation pattern, shown with parallel brown lines
Trade closed manually: All shorts closed for now. Checking new entry points both for longs and shorts
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
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