UnknownUnicorn11430563

Looking to short crude oil

Short
UnknownUnicorn11430563 Mis à jour   
NYMEX:CL1!   Contrats à terme sur pétrole brut léger
I am not sure which way oil will be going. What I do see is a good profit goal if oil sells off or pullback a bit.
Oil is nearing upper black trendline. This is also the top of an parallel channel. This also means we are close to overbought.

You can see my entry for a short by looking at red arrows. You can see a nice profit goal here and if it break under the rising wedge then we have an even more profit. I wouldn’t enter long except where gray up arrow starts above resistance at price high. And if oil is to go up it first needs to consolidate to cool off for next leg up. So really I am only looking right now to enter short on oil if it hits my sell trigger.

Comments welcome. Thumbs up is extra welcome!

❤️ Miss Bunny
Trade fermée: cible de profit atteinte:
I have hit my target. So this trade I will closing. I hope people who went with my idea make money to.
Clause de non-responsabilité

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