CFDs on WTI Crude Oil
Short
Updated

USOIL Short Zone

312
Don't forget to Click on the follow button for more Daily Detailed Analysis. Please do ask any questions in the comments section should you have them!

Here we have our USOIL chart.

On the recent rally to new highs we are seeing some price rejection. After the first stage of a downmove we are seeing an intraday setup to the short side.

This is denoted by the Candle wicks forming and a move to a key resistance zone forming our short bias. Note this is an INTRADAY trade and is short term. News sentiment awaits.

Use Eclipse symbol for exit.
Note
Out for profit on the fall.

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.