MariusStanescu

Still Down Trend

Short
MariusStanescu Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Simple technical and price action analysis.

Daily time frame is clearly showing a down trend, so the best trade will be at a touch of MA100 on Daily TF, or between 80 and 85 level.
Meantime we can try to catch small correction, as for SELL trade. We have the RSI divergence on H1 that is on the SELL side.

Entry - Aggressive at the current price
SL - Above preview High
TP - Close to MA100 from H1


Don't stumble trading! Trade safe!
Trade active
Trade closed: stop reached

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