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Oil trending down. Not an optimal entry at this moment

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
starexplorer  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
Moderate confidence
Weekly bearish engulfing.
Thinking it will test and maybe crack 64.5 level soon

TP: 64.5
TP: Weekly continuation until seeing otherwise

Bullish case
At the 200 week SMA so keep positions small

Note: US strikes in the Middle East happened post market on Friday so be cautious on Monday open (maybe catch weekly high for a short entry)
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