USOIL Good To short with Bull Losing Controll
OIL has reached the 0.786 pull back
This is a common behavior if the previous
down fall is too quick.
Although the rally looks quite bullish but
I will still consider it a retracement of the previous down trend.
Watch the 53.31 Level,
There are Bearish Price action from this level.
Thus it is good to short oil and put SL above 55
and Aim for a big Fall
OIL has reached the 0.786 pull back
This is a common behavior if the previous
down fall is too quick.
Although the rally looks quite bullish but
I will still consider it a retracement of the previous down trend.
Watch the 53.31 Level,
There are Bearish Price action from this level.
Thus it is good to short oil and put SL above 55
and Aim for a big Fall
Note
Today is EIA, Remember to Take some profit of your short.Note
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facebook.com/groups/tntsunrise/
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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.
More Discussion:
facebook.com/groups/tntsunrise/
Youtube: PROJACK
抖音: 聚贤说成长
facebook.com/groups/tntsunrise/
Youtube: PROJACK
抖音: 聚贤说成长
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.