TraderOfSwag

Good reversal opportunity

Short
TraderOfSwag Updated   
TVC:USOIL   CFDs on WTI Crude Oil
After failing a short position last week, I got stopped out but now the divergence is showing up again plus the 66.50 is a great spot for reversal. I will wait for confirmation and try again a short position.
Comment:
Closed my position after that bounce from the bottom of the channel. (Blue line) If conditions are good I may re-short but let's see Monday activity.
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.