Csys
Short

USOIL fails the test

FX:USOIL   Crude Oil (WTI)
118 0 3
8 months ago
A lot of effort has been made to pass the resistance (see the volume of the last 3 days and compare it with the way traveled by the bulls) but it seems the bears are taking over the market. This downward leg might be a correction to the newly established uptrend, or there is no such trend and this is the continuation of the bear market. In either way, this trade should be profitable.
8 months ago
Order cancelled: The idea might hold true, but the fact that today's close isn't low enough renders this commodity below my standards to trade.
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