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mkandy

OIL - Short - Be Cautious!

Short
CFDs on Crude Oil (WTI) (FX:USOIL)  
mkandy Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Trend Analysis
4
4
trendanalysis
Every one will initiate shorts around this level 60 to 62..
So please be extra cautious if biggies run out all short stops @62.5
Other wise good to enter the short set up as the weekly RSI is turning oversold
Comment:
Sorry..Its not oversold..its overbought.Typo mistake :-)
Comment:
No panic..weekly RSI still in over bought condition!
Comment:
SL 63.5 Triggered.
Weekly RSI still in over bought condition! All retail traders out of the game..lets wait and see!
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