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Winston_Chuah

Crude Oil (WTI) Daily Trading Report (9th August 2016)

Short
CFDs on Crude Oil (WTI) (FX:USOIL)  
Winston_Chuah Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
3
0
Candlestick reach Daily Resistance Zone (42.86-43.11) and Daily Trend Line.

Crude Oil (WTI) Daily Trading Report (9th August 2016)
Short @ 42.63
Take Profit, 40.63
Stop Loss, 44.63
3R : 1, Own Risk Management
Comment:
On 10th August 2016(Wednesday), Cruide Oil(WTI) short almost hit take profit 40.63. We can see the trend already going down and go to 41.00 but unfortunately after the new of "Crude Oil Inventories" release, crude oil market going strong and raise up before the take profit and hit the stop loss.
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