DLavrov

WTI Short Trade

Short
FX:USOIL   CFDs on Crude Oil (WTI)
Price reversed from Senkou A with RSI confirmation. ADX line moves down and it mean that we don't have confirmation for up movement. The close price of the bearish candle is below Senkou B, it is a signal for opening short trades. Place pending orders below 46.10 and stop orders above 49.20, it's the local swing high. Profit target can be the support level or we can use trailing stop for exit.

The trading idea is based on Sunrise Trading Strategy.

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