USOIL 37.01 - 4.02% * SHORT IDEA CONTINUATION PTTNS & STRUCTR

4 ต.ค. 2020

GOOD DAY EVERYONE

Here's an idea on the USOIL which closed at 37.01 looking at the monthly chart the oil just broke the 61.8 % fib testing resistance level 43. 27 where it was rejected and pushed down with the bears by almost 5% , currently trading at a significant level waiting to see a break of this level to see continuation with the bears targeting support level 35.24. fundamentally this move is highly possible and from higher time-frames the sentiment is fairly bearish so waiting for price to indicate and will be looking for entries on lower time-frames. hope this idea assists in any way on your trades on oil.

LET'S SEE HOW IT GOES..

HAPPY TRADING EVERYONE

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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE

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If this idea helps with your trading plan kindly leave a like definitely appreciate it.

7 ต.ค. 2020

ออร์เดอร์ถูกยกเลิก

🔴 price pushed to the roof of the descending channel structure let's watch the price see if we'd see that push from that level as we see a momentum shift towards the bears.