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VasilyTrader
Jun 24, 2022 10:16 AM

TRADE OF THE WEEK | Crude Oil Trading💰 Short

WTI CRUDE OILTVC

Description



Hey traders,

As you know, I was looking for shorting opportunities on WTI for quite a long period of time.

Spotting a rising channel on a daily I was patiently waiting for a test of its resistance.


Once the resistance was reached, I was looking for a confirmation to short.
My confirmation was a double top formation on 4H time frame.
The trigger was its neckline breakout.


Shorting on a retest, I managed to catch a very strong bearish move to the support of the channel.

Fantastic winner!

Did you catch this move?

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

Comment

Check my new analysis on EURUSD:
Comments
SignalProvider
Great insight;))
VasilyTrader
Did you catch this move, traders?
Sobhan_23
@VasilyTrader part of it 😢😒
ryan.ryaneid
@VasilyTrader, are we bouncing back today? Where are we expecting to continue the short?
VasilyTrader
@Ryan.ryaneid, I will post the update on weekend
ChopsFx
ChopsFx
CryptoeChris
What would make you start turning bullish on Oil? If we kept $107 range?
AlkalineFX
Very well done!
PULEMokhothu
That drop was a beauty, great set up
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