Osiris992

UKOIL Short

Short
Osiris992 Updated   
TVC:UKOIL   CFDs on Brent Crude Oil
Oil has been bearish off late.
but daily has shifted to down bias a couple of days ago.
today being an inside value day with 1/2 volume is not the best of the setups but it's the only one to look for today.
Grade C risk will be allocated if oil breaks below ARL and gives entry on 5M.
Comment:
getting very close to ARL. any pullback to CPR after it tags ARL will be a possible entry for us.
let's see if it happens in next few candles. I don't want to enter in a position late NY session and hold it over the weekend.
if it doesn't happen in next couple hours, I'll scratch the idea and let it go without me.
Comment:

Let's go. ended the week on a good note.
played out as expected, break of ARL and retest to the CPR. profit locked in. 15% piece on with target at day's low. not interested in holding this over the weekend.

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