Despite the past few days retracement upward, WTI still suffer the fate of downtrend and trap inside the downward channel .
We resume in taking shorts in this area as it rejected by the black trendline which was projected 1 months ago based on previous trend. However, do note that higher timeframe has turned slight bullish thus we do not expect a drastic drop from here. Watch out for the support at $45 ,price might hover over this zone for awhile.
We resume in taking shorts in this area as it rejected by the black trendline which was projected 1 months ago based on previous trend. However, do note that higher timeframe has turned slight bullish thus we do not expect a drastic drop from here. Watch out for the support at $45 ,price might hover over this zone for awhile.
Dagangan aktif:
Trade retrace a little at price $45 and eventually broken and we have taken part of profit after it has broken $45. What we might see by end of week could be $43.80 which we will exit all the shorts.
Dagangan ditutup: sasaran tercapai:
Price has alrdy hit our target and we closed all the shorts in our USOil