OIL SHORT PLAN

10 בנוב׳ 2021

Before we go into this analysis, please go ahead and like/follow for more free Professional trading tips/plans I post daily :)

Here we have an updated chart for our Crude oil.

We previously were short and now we are shorting again.

Oil has been driven up high over the past few weeks and had its move down, we have since bounced back up to these highs.

This is why we are short again. The previous levels we fell from form new resistance and a high price.

Our target is noted back down at the labelled support + MA's, likely where price will bounce again and we can go long if we need to.

11 בנוב׳ 2021

הערה

Out on the massive fall.