CFDs on WTI Crude Oil
Short
Updated

WTI Crude Oil In-Depth Plans Into Next Week

1009
As markets fade out US and CAD data we can see sell side bias coming into Oil Markets.

This comes after hitting a key tech zone on your upper TL.
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Weakness coming in further, consider locking in some gains.
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Oil Getting whacked with sellers piling. Still room.

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Lock in gains now.
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Some kickback off from exit area. Willing to sell on vicious pops back up.
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Market pulling down as mentioned. Re-shorts ideal.

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Short Bias Maintained On Rally - See Lower Timeframe Setups, support overall long term view. Ideal late entries if not taken already.

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Update again:

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Exit shorts on massive fall for gains.
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Trading Plan following through nicely to the downside. Re-Shorts applicable higher.

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Still further to go before any re-entries^
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Oil Moves At The End Of July..
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Would not be surprised if low breaks on weakness in asset.
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Should be out on shorts shown above ^

Re-shorts only on high push.

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