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MattArmstrong
May 28, 2020 12:13 AM

WTI - Long Idea Long

TVC:USOIL60
WTI CRUDE OILTVC

Description

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I was in this short, just closed.

I see price sitting firslt on a few support levels:

- A double bottom?
- MACD bullish divergence
- RSI oversold
- Hammer formed at 200 EMA (1 hour)

I would like to see price make it a little further north, that trendline goes back to March 10th.

Trade closed manually

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Locked in profits due to Oil Inventory #'s approaching
Trend AnalysisHarmonic PatternsChart PatternsWTIOilinvestbrent
Comments
VasilyTrader
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Very good! Here is what price action shows:
MattArmstrong
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@VasilyPonomarev, love it...thanks for the comment!
MattArmstrong
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Oil keep inching higher!
MattArmstrong
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Unsure how a sea of oil, sees price jump up...?
MattArmstrong
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Oil inventory numbers soon. I got out, I will evaluate later.
UnknownUnicorn8495492
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Full of rubbish
MattArmstrong
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@chabertpersonal, thanks for the comment!
MattArmstrong
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@chabertpersonal, updated price action...good for break even trade at this point.
MattArmstrong
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@chabertpersonal, what was that again....?
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