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tntsunrise
Feb 27, 2017 10:42 AM

USOIL 54.50 KEY Resistance Short

WTI CRUDE OILTVC

Description

USOIL 54.50 is the KEY

The OIL Active Contract just Rolled

and there is a rollover GAP

However the price hit into the previous structure.

54.50 has a lot of pressure for the oil

We can make use of this Structure and Short Oil.

Target 1: Fill the Gap

Target 2: 53.00

Comment

Nice fall, now is 54.18

Comment

2nd Target Almost Hit. Nice Trade

Comment

Comment

Price hit 47 after the EIA data . we short from 54.50.
740 pips move! If you short one lot, you win 7500 usd

Comment

Comments
vteodorescu
great call!
linuscl
Tell me, why did so many people buy over night -> gap? (News?)
tntsunrise
@linuscl, i think it is roll over
linuscl
@tntsunrise, Yes, but it tested the resistance (again)
Bearbud
Hello Jack,

Can you please update Oil?

Thank you!!!!
Ann22
Could you please give us an update?
gaptraderhq
@tntsunrise Hey jack, mate are we still short? Or is a long trade coming into effect? Cheers
DeanT
Yep
ernstschwarz
HORRAY
ipartnerkz
cool Jack
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