Oil – Short Trade Setup

"Danno" Sheehy

A short trade setup in oil (/CL, USO) is illustrated below. The red arrows illustrate how the spot price of WTI Crude Oil checked back in with the horizontal level just above 50.00 before continuing in the direction of the more dominant short term trend in the past. Yesterday, oil checked back in with the […]

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"Danno" Sheehy

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