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EddieShin
Feb 13, 2017 2:11 PM

WTI CRUDE SHORT SETUP Short

West Texas OilOANDA

Description

ENTRY: SHORT AROUND $54 IF IT COMES BACK UP TO PREVIOUS HIGH

STOP: ABOVE $54

TARGET: $51

Comment

WTI Crude is coming back up to previous high area
Short setup still valid at this time

Trade active

I WAITED FOR RETEST OF PREVIOUS HIGH AREA AND ENTRY GOT TRIGGERED
LET'S SEE HOW IT DOES

Trade active

Nice retracement short entry @ major resistance zone

About +1R reached at this time

Trade active

hovering below the resistance and my entry area

I think it needs strong fundamental-driven stimulus to break through $54.

Trade active

Still hovering below my entry zone

Trade closed: stop reached

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