theselfishtrader

Brent Crude - Possible failed pin bar short opp

Short
theselfishtrader Mis à jour   
TVC:UKOIL   CFD sur Pétrole brut Brent
A pin bar at the 50% Fib level gave price a little relief, but price action suggests this rally is over, with no bullish follow through in the days that followed.
I will look to get short on a break below the pin bar wick, and perhaps a little higher if price action presents an opportunity.

Targets would be next support/prev resistance at $49, where there is confluence with the 61.8% Fib level.
Transaction en cours
Trade fermée manuellement:
stopped out be

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