A Fading Short 1H OIL

20 בפבר׳ 2019

USOIL bulls are having a good run so far. It seems the oil market is ready to reduce short risk as players start taking profits. Looking for a scalp lower seems reasonable.

20 בפבר׳ 2019

הערה

5660 is first resistance

20 בפבר׳ 2019

הערה

USOIL 1H Follow Up Price found support around the previous daily candle's HLC3 value. If bulls fail to follow through by EOW, the odds of this being a climactic end of a bullish move increases.