Critical zone for USOIL WTI
A >
breakup red resistance to out
of flag channel line will be a
short trade signal . targets :
TP1 : 63.20
TP2 : 64.00
TP3 : 65.00
Stop lose = TP1
B >
breakdown green support
line will be a short trade
signal . targets :
TP1 : 60.20
TP2 : 58.40
TP3 : 57.25
Stop lose = TP1
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>