CRUDE Keep Short Positions Short

WTI CRUDE OILTVC

Description

⋅ Aug 14, 2017 5:25 PM

Trade idea that I published in my blog during early Europe Session was a SHORT Trade accorning to Murrey Math Lines and Fibonacci support and resistance.

TP2 levels was 47.70 and we almost reached the target.

Now we have 47.00 Fibonacci retracement 50% of short term movement.

So my trade will be keep SHORT positions targeting 47.00 and 46.26

Here you can find the early trade idea : https://www.fxters.com/crude-oil-forex-trading-signal/

Good Luck

Trade closed: target reached

⋅ Aug 15, 2017 2:45 PM

We have reached the firt target . That's why I love Mr. Fibonacci.

Price bounced back 20-25 pips but will break the 47.00 for sure.

fxters.com

Comments

duvy

⋅ Aug 15, 2017 5:57 PM

When u say "break 47" on the downside?

duvy

⋅ Aug 15, 2017 5:57 PM

What's does PIPS STAND for?

duvy

⋅ Aug 15, 2017 5:52 PM

Do U predict a drop in oil for the api?

eacemi

⋅ Aug 16, 2017 6:59 AM

@duvy, 46.87 is my important level to watch , H4 closings below 46.87 will carry the price 45.30 and 43.70 in order