U.S. DOLLAR / WTI CRUDE OIL
Short
Updated

Oil / USDWTI SHORT

113
Hi Seildev here,

Will be looking at shorting USDWTI/oil this evening. So far we have a very nice confluence area and key support and resistance of 47.1

- Structural trade
- 47.1 Key support/resistance
- 50 EMA acting as resistance
- 50% Fib

Safe trading
Note
- 1 hr TF RSI divergence to short indicating the bulls are running out of strength
Trade closed: target reached

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