West Texas Oil
Short

WTICO/USD Short

230
WTICO/USD Short

• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a subsequent impulse back down on the one hour chart followed by a tight two touch fifteen minute flag and then I'll filter the latter on the five minute chart and be looking to get short with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to secure a risk entry.

• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.

• If there's any ambiguity then I will not place a trade on this pair.

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