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seildev

Oil / USDWTI SHORT

Short
U.S. DOLLAR / WTI CRUDE OIL (FX_IDC:USDWTI)  
seildev Updated   
FX_IDC:USDWTI   U.S. DOLLAR / WTI CRUDE OIL
USDWTI usdwtishort Oil oiltrading oilshort
3
0
usdwti usdwtishort oil oiltrading oilshort
Hi Seildev here,

Will be looking at shorting USDWTI/oil this evening. So far we have a very nice confluence area and key support and resistance of 47.1

- Structural trade
- 47.1 Key support/resistance
- 50 EMA acting as resistance
- 50% Fib

Safe trading
Comment:
- 1 hr TF RSI divergence to short indicating the bulls are running out of strength
Trade closed: target reached
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