Stargazer_fx

USOIL, Bearish Price Action, when to SELL??

שורט
TVC:USOIL   CFDs on WTI Crude Oil
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USOIL
The price is close to support/resistance level,after reaching the sell zone I expect the price to further decline to the next support level..

For Entry:

Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..

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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

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