Crude Oil (WTI) - Going Short...
Updated
Based on previous support and resistance levels, I am shorting WTI Crude Oil. Additionally considering that the fundamentals for this commodity have not changed significantly, and we still have over supply.
SL = 45.00
TP = 40.00
R/W Ratio = 7.47
Just sharing my view for the next few weeks...
SL = 45.00
TP = 40.00
R/W Ratio = 7.47
Just sharing my view for the next few weeks...
Trade closed: stop reached
Trade active
Opened a new trade on Crude Oil (WTI), still believe we are in a reversal zone and there is a good opportunity for a short.Entry Point: 45.611
TP: 40.00
SL: 46.2
Trade closed: stop reached
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