$CL Sell short at speed!!
Crude oil’s consecutive bearish candles have gone straight down to around the lower Bollinger Band near 84.97. A MACD death cross confirms that the green histogram is accelerating and expanding, while the KDJ is also trending lower in sync. Bearish momentum is currently concentrating and being released. Combined with weak global demand expectations weighing on crude prices, even rebounds can’t climb back up to touch 85.5. The 84.97 lower band simply can’t hold.
Entry: 84.99
Stop loss: 86.94
Take profit: 82.00
$CL - Sell short 🔻
Enter the trade from below 👇
Crude oil’s consecutive bearish candles have gone straight down to around the lower Bollinger Band near 84.97. A MACD death cross confirms that the green histogram is accelerating and expanding, while the KDJ is also trending lower in sync. Bearish momentum is currently concentrating and being released. Combined with weak global demand expectations weighing on crude prices, even rebounds can’t climb back up to touch 85.5. The 84.97 lower band simply can’t hold.
Entry: 84.99
Stop loss: 86.94
Take profit: 82.00
$CL - Sell short 🔻
Enter the trade from below 👇
