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FUNTRADER-Vera
Jul 17, 2016 2:17 PM

USOIL: BIG CHANCES FOR SHORT IN NEXT FEW DAYS Short

Crude Oil (WTI)FXCM

Description

Traders:

I found my strategy goes better with wedge which is introduced by a friend in TV,
This is why I love to show my charts here , you can always get some great feedback to help you getting more accurate in technique.

Back to the chart. As it shows, I beleve usoil will need a RSI devergence before getting down.
Also here, by left structure, we find two choices: 46.41 and46.77
Down to
tp1:45.45
tp2:44.56
tp3:43.6 ( this is a big one I hope we can allllllll get it!


I will also track retracement for this pair, pls keep attention on my chart.

Trade with plan and technique.
And wish you all good luck!

Trade closed: target reached

Comments
LongBreak
thanks for info ..
keefer0
We're going to need EIA assistance it seems to achieve 43 TP.... as speculators are bidding up the price expecting demand to bail them out.
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