CFDs on WTI Crude Oil
Short

USOIL Double Top Breakdown | Short Setup Alert!

86
USOIL Double Top Breakdown | Short Setup Alert!

Hey traders! A classic Double Top pattern has formed on the 4H USOIL chart (Top 1 & Top 2), signaling a potential trend reversal. After breaking the neckline, price action confirms bearish momentum. The stop-out level is clearly marked at 70.00, while the target zone is set around 58.00. This setup offers a great risk-reward ratio.

📍 Supertrend also aligns with bearish confirmation.

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