Still looking to sell USOIL on rallies.
I'm out of the previous trade.
Waiting for USOIL to have corrective rally up to 53.75/54.50 and start adding shorts in that area.
If it breaks UP through the trendline, I will close the short trade (in a little loss). But please follow this idea if you are going to take this trade, I will update if i enter the trade or not, or if I have better idea.
Ideal scenario:
Sell at 54, take profit around 50.00 /51.00.
I'm out of the previous trade.
Waiting for USOIL to have corrective rally up to 53.75/54.50 and start adding shorts in that area.
If it breaks UP through the trendline, I will close the short trade (in a little loss). But please follow this idea if you are going to take this trade, I will update if i enter the trade or not, or if I have better idea.
Ideal scenario:
Sell at 54, take profit around 50.00 /51.00.
Trade active:
I hope some of you got into this trade. It briefly touched 54. I forgot to put an order but got into trade at 53.50
hoping for bounce up back to 54/54.50 so i can add more shorts.
hoping for bounce up back to 54/54.50 so i can add more shorts.
Trade closed manually:
made some profits
but i'm out now. Oil might reverse this week (and go up)
but i'm out now. Oil might reverse this week (and go up)
but i will follow my strategy. Looking to take profit around 50/51.
Possibly Oil will go lower