TVC:USOIL   CFDs on WTI Crude Oil
Short this one
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Trade closed: target reached: TP hit, nice


Well developed for big whales.
tomsabobiz abc101101
@abc101101, This use to be the point where we see a squeeze to the downside before it shoots back up
tomsabobiz tomsabobiz
@tomsabobiz, @abc101101, well I guess this just happened
Can you provide more technical analysis on how you think this wil go short?
NawidD NawidD
Or do you think it will short and bounce at 19.24
@NawidD, Hey there, sorry for the tight trade setup, but I don't usually have time to comment in the flash because I'm managing the trade on my own terminal live as well. Anyway. IMO, I think there are lots of long orders from retail traders below 19 area, so I think there could be a divergence pattern evolving on higher timeframes indicating a squeeze of those longs. Big boys are hunting smaller players. And also there is a very significant area back in 2001 around 16.50 area that can attract big whales as well. If not, I'm not worried, I always trade with 1:3 RR.
NawidD tomsabobiz
@tomsabobiz, Thx for your reply. I understand your chart a bit more now. Interesting how this al develops.
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