"Short Setup" Short Term View on UsOil (WTI) by ThinkingAntsOk

1H Chart Explanation:

- Price bounced on the Confluence Level (Resistance Zone + Top of the Descending Channel).
- Price broke the Ascending Trendline and, now, if it breaks 52,85, it has potential to move down towards the bottom of the Descending Channel.

Check the Related Ideas to have a look on our previous setup on UsOil.

Updates coming soon!