WEST TEXAS OIL / LONG OPPORTUNITY / H1

7 Kas 2018

WTIUSD
Trading Bias: Long
Technical Strategy: Support level + Wave Indicator Divergence + Falling Wedge

Check related idea also.

9 Kas 2018

Emir iptal

Although we have a great divergence signal, this was never backed up by an appropriate price action signal.

Fundamental analysis also suggests a short-medium term oversupply in this market which is serving to cool prices into what is now a bear market territory. Waiting for a break below this support level and then continue to look for further short positions