jojofang0901

OIL SHORT FROM THE DAILY TOPS!

Corto
jojofang0901 Actualizado   
TVC:USOIL   CFDs sobre petróleo crudo WTI
Hi everyone:

OIL is shaping up to be a good trade to the down side. Here on the 1 hr chart, we see a Head and Shoulder Pattern developed.

57.00 is a good support and resistance for oil, and waiting for a quick pullback to this price and enter a short position is a good idea.

I am looking to short down to daily 38.20% fibs for a nice risk:reward ratio.

Thank you very your support and feedback.

Joe
Comentarios:
Here is the daily time frame:

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