SHORT FP (TOTAL SA) intraday (FPP in Tradeview)
+ oil rebounds yesterday on APIreport
+ yesterday China PMI
- long-term negative outlook for oil
- oil reach resistance level, could be in sideways
Enter short = 39.20, Stop = 39.60, Profit= 38.60
LONG^
+ oil rebounds before API
+ China PMI
+ Support levels in oil
+ Support volumes in FP stock within 3 last days
- long-term negative outlook for oil
So, if oil will hold 36.5-36 level and go further up - I will catch up the FP around the open priceafter rebound in 5M bars.
