SMP99
Short

USOil Target $32

FX:USOIL   Crude Oil (WTI)
380 2 7
$CL_F It is likely that the bearish cypher pattern on oil             has now been completed. As such I am expecting a minimum pull back to the .382 level or around $32. This lines up well with the previous down trend line and is likely the next reasonable buying opportunity.

Related Ideas

Are you still in this trade?
Reply
I closed my long position at my target of 35.5 and completion of this pattern. I do not have a short position and am more interested being long at my 32 price target than short at the current 36.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out