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Pending short, trend is changing
CFDs on WTI Crude Oil
Short
Pending short, trend is changing
By pparmy1991
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Updated
Apr 10, 2017
4
8
8
Apr 6, 2017
Seeing divergences on both RSI and MACD. Wait for a flag & break out of trend line. It will be easier to set a stop loss after the break out.
TP1: 49.5 area
TP2: 48 area
Apr 6, 2017
Note
Still not break yet, the top might be retested.
Apr 7, 2017
Note
I think the previous top needs to be broke before heading south. See what the weekly close will be tomorrow.
Apr 7, 2017
Note
We have the new high, now it's bear's last territory.
Apr 10, 2017
Note
Looks like weakness is generating, let's see if the trend is broke this time
Apr 13, 2017
Note
Now could be a short setup
pparmy1991
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