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Crude Oil Potential Short Opportunity 06-18-2018 Update: TP1 Reached 65 Pips

Crude Oil Potential Short Opportunity

We have published our forecast yesterday and the price made the predicted pullback.

65.23 MM 2/8 and EMA 50 of the H1 Chart.

This level can be used as selling opportunity.

Entry: 65.15

Targets : 64.50 64.00 and 63.40

Stop above 65.63 – 66.00

Update: Target 1 Reached. 65 Pips so far.

You can follow the trade : https://www.tradingview.com/chart/USOIL/pNB9WtiJ-CRUDE-OIL-SELL-oportunity/

Update: 21-06-2018 . Price rejected the trendline resistance. Nice and clean short opportunity as shown in the chart. Targets 64.43 and 63.25.

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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

 

 

CRUDE OIL : Forex Trading involves risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

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Ercu Kartas

Treasury Department Dealer Technical Analyst FX Trader

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