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West Texas Oil
Short
Updated

WTI CRUDE SHORT SETUP

67
ENTRY: SHORT AROUND $54 IF IT COMES BACK UP TO PREVIOUS HIGH

STOP: ABOVE $54

TARGET: $51
Note
WTI Crude is coming back up to previous high area
Short setup still valid at this time
Trade active
I WAITED FOR RETEST OF PREVIOUS HIGH AREA AND ENTRY GOT TRIGGERED
LET'S SEE HOW IT DOES
Trade active
Nice retracement short entry @ major resistance zone

About +1R reached at this time
Trade active
hovering below the resistance and my entry area

I think it needs strong fundamental-driven stimulus to break through $54.
Trade active
Still hovering below my entry zone
Trade closed: stop reached
EddieShin
shortsetupSupport and ResistanceswingtradingtradingWTIwticrudewticrudeoil

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shortsetupSupport and ResistanceswingtradingtradingWTIwticrudewticrudeoil
EddieShin

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.