Get started
peterbokma

USOIL-SELL strategy

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
peterbokma  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis usoilsell
5
2
trendanalysis usoilsell
It feels that we may see higher before down again. For that reason I prefer SELL strategy at higher levels.

For now, I suggest SELL @ 116-118 and will add again @ 126-128. It is a medium-term view and position. The daily chart is no eventful and feels ranging and upside potential. I do not wish to venture long right now.

Profit order when we get short should be $ 93-95 again.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.