FX.co ★ Trading Idea for Oil: Bearish

Good day, dear traders! I present a trading idea for WTI oil.

So, after a strong short initiative during the Asian session, the instrument shifted to a long correction and is now testing the short breakout zone, from which the short-term trend could continue.

I suggest considering short positions on a pullback at the short breakout level.

Limit risks at 100.41. Take profit upon breaking 98.56.

The trading idea is presented within the framework of the "Price Action" and "Stop Hunting" methods.

Wishing you success in trading and managing your risks!