GuillaumeRpn

Oil needs some rest

Short
TVC:USOIL   CFDs on WTI Crude Oil
Yeah i know, messy chart again..
Anyways, oil is not able to breach the resistance right now and i believe it will soon go down. Where ? we'll see, but i have marked a strong res that could do the trick.
Once the shorts are over, i'll long aiming for the very big resistances above.

If you agree or disagree, explain why in comments.
I appreciate every like you guys give me :)
Comment:
Closed the short, waiting to long
Comment:
Longed !!!
Comment:
lol i forgot to update my idea !!! oil formed an head and shoulder, i stopped the long after the 2nd shoulder was formed and earned most my gains by shorting. Now i have no idea where it's going.. i won't trade for a few hour
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