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Oil has reached its peaks. Or is it just a correction?

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You all heard the news, so I'll just show the technical situation. I failed to short the first time, but now there are more than enough reasons. Based on the chart, we are in a global downtrend and we saw very strong resistance at $85 (essentially the September 2018 highs). We broke the downtrend for a while, but then quickly came back. So this time I'll take a second try with a slightly larger stop loss. Short @ $75-80, TP $65-60-50-40, SL $85.
Dagangan aktif
Shorted 1/2 @ 75.2

Penafian

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