DLavrov
Short

WTI Trading Idea

FX:USOIL   Crude Oil (WTI)
260 0 12
It looks like price bounces from Moving Average 20. RSI confirms price reversal and DMI             allows open short trades. There is only one thing which it's better to have now, MACD reversal. We can search for entry levels on hourly charts with target near this support level which is marked on the chart. When bears come to the support level, we'll ask them about their plans for following several days.
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