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LastBattle

Double top! High probability oil trade

Short
CFDs on Crude Oil (WTI) (FX:USOIL)  
LastBattle  
FX:USOIL   CFDs on Crude Oil (WTI)
WTI Crude Oil WTI Crude Oil Brent brent UWTI USO UCO DWTI
14
3
wti usoil ukoil brent uwti uso uco dwti
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.
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