peterdcharlebois

Crude OIL looking to short - one more ABC move would be ideal

FX:USOIL   CFDs on Crude Oil (WTI)
Crude ha been recovering but is still trading outside its long term trend channel.

So I wait and look for a clear sign of a new downward move in order to short. This can be done with CFD's if you broker has them or ETF's or options.
Comment:
Oil has bounced in a straighter line than I expected. The trick now is to try and gauge an entry for a new short.
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