captain_smollett
Short

USOIL. Another Head and Shoulders forming

FX:USOIL   Crude Oil (WTI)
249 3 6
9 months ago
USOIL             chart may form another HS figure, not as big as previous one but still good to call our attention.

I won´t go long this time, just wait until it consolidates.

Sell order on 30.75

SL: 31.70
TP1: 30
TP2: 29
TP3: 28
9 months ago
Comment: Looks like we have switched to April futures already...

New target to enter is 33 USD
SL: 35
9 months ago
Trade active: Sell order activated on 33 USD
9 months ago
Trade active: Approaching TP1 at 30
snapshot


Here is the updated view of the USOIL. Still 34 is an important resistance to raising further but if overpassed, can open a road to 36.8 where an important trend line passes
Reply
larry captain_smollett
9 months ago
Ouch.
Reply
captain_smollett PRO larry
9 months ago
Yes, looks nasty atm :)
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