Trade idea: Bearish (direct drop). An immediate drop is expected on the market.
Details: The market is downside oriented today. We advise to play this bearish strategy as long as the market does not go above 87.81, as we anticipate a direct drop to 82.11. Sell close to 86.66 to play a drop to 82.11. The invalidation level of this trade idea is at 87.81.
Sell OILUSOCT11
Entry: 86.66
Target: 82.11
Stop loss: 87.81
Details: The market is downside oriented today. We advise to play this bearish strategy as long as the market does not go above 87.81, as we anticipate a direct drop to 82.11. Sell close to 86.66 to play a drop to 82.11. The invalidation level of this trade idea is at 87.81.
Sell OILUSOCT11
Entry: 86.66
Target: 82.11
Stop loss: 87.81
