AutomateForex

WTI Crude Oil technical analysis

Short
TVC:USOIL   CFDs on WTI Crude Oil
Hi Traders

Based on technical analysis, Price is in a downtrend and in momentum in a bearish direction and I'm expecting it to hit a target of 59.00, in today's trading session if price close below 65.45, WTI Crude Oil price will continue momentum in a bearish direction. We can place a sell or short position at around 65.40, first take profit at 60.00, second take profit at 59.00 and stop loss at 68.10

Thanks
Happy trading
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