TrainingTrader

WTI extended and at resistance

Short
TVC:USOIL   CFDs on WTI Crude Oil
Analysis: Price has experienced a good run towards the upside and is now extended. Price is likely to experience a consolidation and if lucky, a retracement.

Short opportunity: Short at market reopening as High Risk trade towards 80.61 as Take Profit - 1 level.
Trade active:
Initial target reached.
Take Profit - 2 level at 78.65
Trade active:
Take Profit - 2 level at 78.65 reached
Take Profit - 3 level at 76.48

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