Crude Oil Trade Set up (Technical Analysis)

This is a technical analysis of Crude oil WTI futures today 16th May 2019 (ETFs: DWT and UWT). I detail a trade set up for a potential reversal today (intraday trade) in crude oil considering it has peaked at a major resistance level. Today's trade idea includes targets and stops. I try to explain my trading strategy for crude oil using past examples.
Crude Oil has broken its primary up trend line and has failed at resistance indicating potential further downside.
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Game of Trades Technical Analysis uses simple momentum indicators like the MACD and RSI to analyse and predict trends or trend changes using divergence and overbought/oversold readings.

I display the analysis in an easy to understand way, even for beginner stock trading.
The videos help with:
- Learning simple technical Analysis
- Effective chart patterns
- Measuring trade targets
- Identifying good stops for trades
And most importantly trying to give the right mindset to trade efficiently.

Видео Crude Oil Trade Set up (Technical Analysis) канала Game of Trades