UnknownUnicorn772665

Oil Short Trade - Simple & effective

Short
OANDA:WTICOUSD   West Texas Oil
Looks choppy on the 1hr timeframe but this consolidation should now break to the downside. Price has found resistance at this level.
Trade active
Comment: There is a nice 1hr bearish flag continuation pattern forming right now. Potentially for a scale in entry with a healthy R:R
Trade closed manually

Comments

I have now moved my stop loss to entry price to remove exposure.
Reply
Bearish momentum now appearing on the 4hr timeframe. A break of this consolidation should be next
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