danserati
Short

Short Crude before news trade

FX:USOIL   CFDs on Crude Oil (WTI)
238 5 4
EP 44.85, SL 45.34 (-48) , TP 43.00 (+186) RR 3.88
what news?
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danserati LoneFox
EIA Crude Oil Stocks change
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LoneFox danserati
could you explain why you are shortbiased?
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danserati LoneFox


1. There's a bearish divergence on my RSI, this signals buyers are getting weak and price are getting over exaggerated.
2. On a lower timeframe like on m15, I can see a double top is forming. that's a pattern reversal.
See the pink arrow on my rsi indicator, it's showing a lower low forming and price is higher high.
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LoneFox danserati
Thank you sir, really appreciate it :)
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