Double top in Crude Oil - Bears in charge now

27 Mar 2018

We just saw a double top pattern in WTI which is signaling a downtrend in Crude Oil. We are shorting it now looking for a 64 as first stop our final target is around 55.
Keep in mind that a break on 66 or 64 may be the start of a large move.

Good look

27 Mar 2018

İşlem aktif

Short from 66.20

27 Mar 2018

Not

SL at 67.18 just above the top. Will be chasing down this baby.

28 Mar 2018

Not

Took partial profits, let's wait some more and seek for RESHORT opportunities.

2 Nis 2018

Not

We entered a reshort from 64.30, now taking partial profits at 63.00
Expecting to see a lower move but I want to to see a retest and then enter another short.

13 Nis 2018

İşlem elle kapatılmış

Enough of shorts, let's aim for 80!

16 Nis 2018

İşlem aktif

After the weekend, we analyzed and determined a SHORT was worth it. Short from 67.05, winning so far.

16 Nis 2018

Emir iptal

Will follow up on our most recent idea.