Rian_Capital

Reverse Move In WTI Possible

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Rian_Capital 已更新   
FX:USOIL   原油差價合約(WTI)
The WTI has had a quick rally after touching levels of $58.22 on February 14. Looking at how swiftly the rally has taken place, that too without a significant correction, it is quite possible that it can reverse its direction from here or go on a sideway move. The ADX is showing signs of reversal here and the charts on lower-time frame are indicating that bulls are getting exhausted. However, this is a counter-trend and highly risky trade so buliding a sizeable short position is not advised. One can try a small short here at $63.82 level, with a s/l at $64.20. Will again like to reiterate, this is a high-risk trade.
交易結束:目標達成:
The trade worked, now crude seems to be taking some support at the lower trendline so closing of short advised.

Points made - 6382-6294 = 88

Total points till now = 88
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