marklu

we can sell limit at 48.70

Short
TVC:USOIL   CFDs on WTI Crude Oil

We can see from the crude oil daily, in early August to break 48.6 near, made a sideways platform, at the same time after the next break, we can 50.2-48.7 interval A, 48.7-47.2 interval B, 47.2-45.7 interval C, ($1.5 in each interval) can be found in the middle position of the current price range B 47.85 above, taking into account the risk reward ratio problem, we can try an empty one in the vicinity of 48.7, stop on the 49.5 above, only the first goal 47.2, second near the target 45.7
If you break 45.7 further, subtract 45.7 of the price at 1.5$, around 44.2

so

we can sell limit at 48.70
first target 47.2, second target 45.7, third target 44.2


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