Possible short in crude oil

2023年8月23日

Crude oil is forming a slightly inclined head and shoulder pattern but it is still a clear pattern. The target is quite low as measured from the pattern. There is a small support before the target and that is the place where we can get some halt which is around 6334. But apart from that the target aligns nicely with a support level from where we can expect a good bounce. 6550 could be a great entry if it arrives, though the current levels are not too bad either to take a staggered entry using the mini lots.

2023年8月24日

交易進行

trade triggered at 6550 and is already in profit of 70 points.

2023年8月29日

交易結束：達到停損點

Trailing stop is hit. So a breakeven trade in this commodity.