Short Rude Crude

FX:USOIL   CFDs on Crude Oil (WTI)
4575 17 85
Looks like a good opportunity to short crude, targeting rising trend line as a first target. A break below the trend line should confirm another test of prior lows.
Note that a stability (closing) above 34.50 may negate this trade idea..

For Trade ideas and daily updates: .
Best Regards
I teach my experience conclusions in 10+ trading strategies. PM me for details and cost.
Hi Technician, It looks like the oil couldn't break above the main downward trend line.
Does it mean that we are going to see more move to the downside?
Probably yeah.
Hamit Technician
Thanks Technician!
Hi there! Is USOIL still bearish? Thanks
thanks taken:) thanks thanks
I think trend to 37-38 (till 3-5 feb)
Thoughts on the Monthly and weekly tech.? I can not deny the fact that a pretty evident low test on support on the monthly, alongside a weekly chart that looks massively overextended with a lot more room to the upside. No trend change evident on the lower timeframes as well makes me want to wait a couple of more days to justify a trade here.
I see the logic and would normally take the trade. Looks strong enough to break.
Lanmar Lanmar
Good job sir! Looks like I was wrong.
I think it's just pulling back and should eventually break the level. I have a short with a tight target of 2.0 RR. After that I plan on buying for a break of that level.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out