Zoen_Trieste

Another Oil Fade Setup

Short
Zoen_Trieste Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Apparently another fading short opportunity here. Pending price action confirmation and invalidated if price proves itself bullish beyond the angle line. Level of interest ≈ 5265, a 70 tick stop and 1R-3R targets.
Trade active:
Short @ 5270, a 70 tick stop @ 5340 & 1R-3R targets
Comment:
Limit buy order @ 5200 to close 1/2 of the position
Trade closed: stop reached:
Trade closed with 1R loss
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