Short on WTI, we can see the bounce off the .618 Fib level, as well in late May we saw these levels to be support/resistance ranges.
RSI has plenty of room to drop from here, however it has not broken the trend line yet.
Stio and TP1 & TP2 you can see on the chart...
RSI has plenty of room to drop from here, however it has not broken the trend line yet.
Stio and TP1 & TP2 you can see on the chart...
Note
WOW stopped out, someone just gave this a shoveNote
its now back above resistance/support hence the close, don't know how it just jumped this fast, this quickly.. Didn't even place an order actually was waiting for funds to transfer to 1 broker.Trade closed: stop reached
Pres. Trump announced plans to stop sourcing oil from Iran this year, which is the cause of this huge rise.Trade active
lets try this again... re opened the short SL at 73.10
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.