CFDs on WTI Crude Oil
Short
Updated

USOIL; Trading The Long Term Oil Markets

511
Hey Traders,

Plotting your new entries is important in catching longer term moves.

After an enormous fall, followed by significant rise, we can look to plan shorts ahead.

Long entries come way lower.

Note
Use FIB to gauge new shorts carefully.
Note
And... Do not ram in. Let the market move.
Note
Short bias remains.
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Out for gains.
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Exit further shorts. very light re shorts higher.
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Markets looking week. Do not expect larger RE bounce until key long term support areas.
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Exit any shorts only look long lower 78$
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still not at long zone. hold off.
Note
Looking long lower still. 77.3

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