Crude OIL looking to short - one more ABC move would be ideal
Updated
Crude ha been recovering but is still trading outside its long term trend channel.
So I wait and look for a clear sign of a new downward move in order to short. This can be done with CFD's if you broker has them or ETF's or options.
So I wait and look for a clear sign of a new downward move in order to short. This can be done with CFD's if you broker has them or ETF's or options.
Note
Oil has bounced in a straighter line than I expected. The trick now is to try and gauge an entry for a new short.
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