ลดลง
crude oil sell set up. Trade of the week
Crude oil is approaching a very strong resistance.
On 4 hours timeframe, price created a double top which is a very good reversal signal. Also on last Friday, price broke the minor support on daily timeframe which is become resistance now.
Traders should look for selling opportunity on lower timeframe. Best sell price is below $52.74. Target 1 and 2 and 3 are based on Fibonacci level.
Remember to move your stop loss along the way to protect your account.
Good luck to everyone.
Please do you own analysis before placing the trade.
Are you agreed with me with this trade set up?
On 4 hours timeframe, price created a double top which is a very good reversal signal. Also on last Friday, price broke the minor support on daily timeframe which is become resistance now.
Traders should look for selling opportunity on lower timeframe. Best sell price is below $52.74. Target 1 and 2 and 3 are based on Fibonacci level.
Remember to move your stop loss along the way to protect your account.
Good luck to everyone.
Please do you own analysis before placing the trade.
Are you agreed with me with this trade set up?
บันทึก
4 hours didnt give us any sell signal. This trade is now invalid.
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