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Friday, 22 January 2016

Crude Oil Technical Analysis For Your Learning: 22 January 2016, Friday, 2.35pm Singapore Time

US Light Crude Oil (WTI Oil): 

22 January 2016, Friday, 2.35pm Singapore Time

Attached above is the 4-hourly chart for US Light Crude Oil (WTI Oil) as well as my shorts entry, stop placed and exit point for your learning on how to trade as well as a professional. 
I am taking profits of all March-2016-expiry shorts trades on oil.
This is my final batch of Crude Oil Shorts Profits. I am out of all Crude Oil trades now. 

Additional Note:
Note that Light Crude Oil has refused to go down anymore on price satisfaction of the technical structure (refer to the brown-coloured projection x). This is the reason for the strong rebound in oil right now (more rebounds expected).

:: Related ::
Previous Crude Oil Analyses:

Above are the profits in ($) US Dollar (USD).
Below are the profits converted into (SD) Singapore Dollar (SGD).

Profits in this trade:
 +S$ 13,327 SGD

S$ 156,326 + S$ 13,327
= + S$ 169,653 SGD

Trading Journal:

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