Quantum_Labs

USOIL SHORT IDEA

Short
Quantum_Labs Mis à jour   
GBEBROKERS:USOIL   CFDs sur Pétrole brut (WTI)
Anticipating a switch to go lower into later next week following bearish structure. Shorts will be favored to a discount lower. anticipating a target of 69.031 as the immediate target and 68.510 as the final.
expecting a range bound market and a break lower.
Key anticipation: the news driver in the New York session could break lower OR reverse.
The first partial profit target is 70.147.
If the high of 72.404 is taken, may consider the idea invalidated.

As always manage risk.
Commentaire:
We have the confirmation, breakout lower. stops trailed to the highs 72.404. Risk minimized.
Potential to go lower and squeeze longs to the close.
Commentaire:
71.20 retracement to possibly continue lower
Commentaire:
Scaling in more shorts
Commentaire:
71.500
Trade fermée manuellement:
SL triggered. Idea invalidated

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