jojofang0901

OIL Look for bearish price action to sell

שורט
jojofang0901 מעודכן   
TVC:USOIL   CFDs on WTI Crude Oil

Hello traders:

OIL is also on my watchlist for potential sell opportunity.

We can see price has been moving up pretty impulsively from the bottom, and continue to push up.

What we see from the latest price action is after a bullish impulse up, price did not form further bullish continuations.

Instead, it begin to form a more corrective price action, hinting a potential reversal may come in.

We see the latest price had a false breakout on the HTF double tops area, and quickly had a bearish reversal impulse right back down

I would still wait for bearish continuation correction to form on the lower time frame and completes before getting in on the sell.

Thank you
הערה:
הערה:

I will NEVER message you to Sell Anything/Service For $.
100% Free Educational Trading Content.
NO Telegram, Discord, Whatsapp & Facebook.
Be Careful of Scammers, Impersonators/Fakers of ME on Those Platforms.
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.