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.
💬 Drop your thoughts in the comments section – let's discuss the trade!
❤️ If you find this helpful, don’t forget to support with a like and follow!
Stay sharp and trade safe!
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.
💬 Drop your thoughts in the comments section – let's discuss the trade!
❤️ If you find this helpful, don’t forget to support with a like and follow!
Stay sharp and trade safe!
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join my channel for More live updates
t.me/+JpxuUQsPicA4NjVk
My Free Channel
t.me/+vk8eNn-R7A9kZDNk
t.me/+JpxuUQsPicA4NjVk
My Free Channel
t.me/+vk8eNn-R7A9kZDNk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.