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CFDs on WTI Crude Oil
Short

USOIL Short H1 Sell

By WallStreetWale1
Updated
Previously called a daily sell on USOIL and was able to get an amazing initial entry. My trade is currently risk free and in decent profit but i can see a second entry opportunity coming soon. This is a preview of how i would like for oil to play out.
Comment
Meltdown in oil. Secured partial profits and coming into the weekend risk free. Expecting a retracement next week. Patience will pay with this trade
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Watching USOIL in this Zone for my 2nd entry. Shorts should continue this week
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Up 360 pips from second entry and 530 pips from entry 1. Partial profits have been secured.
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Price has retraced as expected and selling can accelerate with volatility picking up in the market. SL adjusted to 64.00. Will trail
Trade closed: target reached
TP Smashed 681 pips
CommoditiesTechnical IndicatorsOilshortTrend AnalysisUSDCrude Oil WTIusoilshortWave Analysis
WallStreetWale1

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