The WTI seem to be entering into a top setup, with a Daily MACD turning red and upper BB closing.
In H4 price have closed above the Upper BB and has been followed by a seller rejection.
I would try a short trade here at 84$ with a stop at 86.5$ and final target around 75.5$. At 81$ i would think of putting SL to BE.
Plan to be followed during the week..
In H4 price have closed above the Upper BB and has been followed by a seller rejection.
I would try a short trade here at 84$ with a stop at 86.5$ and final target around 75.5$. At 81$ i would think of putting SL to BE.
Plan to be followed during the week..
注释
Trade travelled well since Monday night, currently nearly 2$ lower from entry. Prices are now on Daily MM20. Since the trend as been very strong, i take out 50% of the trade in profit and lower SL to 86$. Which leave the trade with RR of 10 and a possibility to add more short trade later.
注释
Prices continue to drop and reach the support area, SL placed at Breakeven, We've booked profits and have no risk now, let it go.
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