USOIL I am investigating a possible short opportunity for USOIL. 07/19/2017 We are currently in the midst of the structure strong hold. Or candle range. In which candle performance will determine the trade at hand. I have a favor for a sell opportunity. But that doesnt mean the market wont, or cant break and close above price 47.60. If so, a retest of the price, to go long shall be suggested.
I Am favoring the short trade. Trade at your own risk. Candle confirmation is key. Good luck.
Entry 47.24 SL- $-.37 (-.75%) TP- 45.79
Trade closed: stop reached
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I was stopped out of this trade. Unfortunately, But news has brought price back into the range of a short, below structure. Watching for more developement before i consider a re entry.
Trade active
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I was able to reopen this trade and catch a good 1%