WTI Short Trade for FX:USOIL by DLavrov

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Oil WTI Commodities

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oil wti commodities

Price broke MA100 and it's a signal that the up trend is over. On the daily chart price falls and we should open short trades based on hourly charts. Entry level is below 44.40. Place a stop order above MA100 and profit near the support level .

Trade closed: stop reached

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sir what will happen next will it go to 46 something ????

AliQaiser

Probably we'll see price reversal from a trend line and down movement. Price moved to 46 because of news. For long term it will be a down trend. I think )

DLavrov

SIR FROM WHERE U GET NEWS AND THERE IS ALOT OF GOSIP ABOUT CRUIDE TOUCHING 50 ... WHAT IS YOUR OPINION THANKYOU

AliQaiser

50 level - why not? But for this price will have to break the trend line. Only after that I will think about long trades with targets near 50. As for the news, you can get from Bloomberg as a variant.

DLavrov

SINGNAL IS CLEAR FOR SELL NOW SIR ??????
REPLY SOON

AliQaiser

It's not a signal for opening short trades. First of all we have to understand the main price movement. When we know the possible direction, we'll have to wait for signals.

exact

ardi.kota

we'll see )