farmtrader15

US OIL due for more correction.

Short
farmtrader15 Updated   
TVC:USOIL   CFDs on WTI Crude Oil
See the chart for a simple USOIl idea.

trade safe, good luck!
Trade active:
I've been short since last night, and plan to take partial profit soon, more at the green zone, and the remainder at the bottom of the parallel channel.
Comment:
channel is holding up!
Comment:
I shorted at the recent highs once again to the bottom of the channel, hard to say where oil will go next.
Comment:
Crude could be forming a very informal bear flag here, Ill sit on the sidelines for now.

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