Rovart
Short

50 SHADES OF OIL

FX:USOIL   Crude Oil (WTI)
335 2 10
Seems like 50 $ are acting like a difficult resistance for oil             . I would expect a re-test of 48 $ and maybe a breakout of it's main trend as we already bounced 90% from bottom, crashing to 38$ to start forming a right shoulder.

Note: The H&S is a possibility I considere and would be perfect in TA/FA as OPEP didnt do anything and oil             production is still high.

Regards!
Comment: Stop raided and now turning back down. Let's start the party
Trade closed manually: Enought for the week. Regards!
Comment: Short the pullback to 50.
Comment: Will we see the BreakOut?
Comment: Not going bad
50 shades of oil... terrible title but alreast a good Trade.
GG Roberto ! :D
+1 Reply
Rovart RomanoRnr
I'm sure you watch the film thought :P Going to long oil at 38 (If arrives)
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