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Olu
May 8, 2016 6:46 PM

Crude Oil: We Could See Some Downside Short

Crude Oil (WTI)FXCM

Description

Comments on the chart. Pending short

Comment

Plan is playing out as expected. Black line is being tested. If you squint (lol) there might be a small H&S forming. A break of the black line can lead to a masssive breakdown

Comment

Escaped a loss oon this one because the stop entry price was not hit. I am still bearish this on towards 30 area but the market is saying 'reconsider'

Comment

Market refusing to go down. My short order is still in place but will be cancelled if there iss more upside action from here
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