Double top! High probability oil trade

FX:USOIL   CFDs on Crude Oil (WTI)
Pretty quick one.... Double top pattern seen in oil             , and a divergence in the trend.
Now that we've got almost all shorts squeezed out, its time to squeeze the folks who longed oil             late again ;)

Stops will be placed near the previous top of 48.96. 1.84 ratio risk reward.
I'm entering the trade via DWTI             , at $97. Premarket.

Closed prematurely, 7 minutes before market close. That's enough for today ;) 20% via DWTI.
ChimbOt LastBattle
nice work!
+1 Reply
Thank you :) Have a good trade too!
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