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Oil Short Setup

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
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TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Technical Indicators Crude Oil WTI Crude Oil crudeoilshort crudeoilanalysis crudeoilforecast oiltrading oilforecast oilsignals
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trendanalysis chartpattern indicator usoil crudeoil crudeoilshort crudeoilanalysis crudeoilforecast oiltrading oilforecast oilsignals
Oil Short Setup

🔵 Entry: $64.49
🟢 TP & RR: $61.02
⛔ Stop Loss: $66.14

Trade Reasons:
✔️ 1.618 Fib Level Extension
✔️ Expecting the formation of higher high price with lower high on the Market Flow indicator (divergence)
📝 This trade will probably take a while to form and will require monitoring of the entry level, to assess the situation.
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