WTI: USOIL Beginning to break down now and vulnerable whilst unable to clamber back above 51. Trend looks to be changing here so we move back to a bear tack looking for shorting opportunites whilst below 51 - stops for shorts need to be above 51.16 for now for small loss if wrong here
Comment:
lower stop on shorts to 49.30 for 6 pip loss if wrong...still looking for this to come back further as per comment but need to keep an eye on it if it sticks at lows and won't flip lower...just watch it, want to try to trap in as much profit as possible without getting out too early...time will tell
Comment:
close down shorts at market..UK oil on big support. Just happy to grab profits here although target is not achieved yet, it's still a good profit. Enough