mk-fx

US Oil Back Down - To $19

Short
mk-fx Updated   
FX_IDC:USDWTI   U.S. DOLLAR / WTI CRUDE OIL
I wait if it makes good pullback on smaller timeframes, direction is still bearish.
Comment:
Price dropped but came back, thats why setup is invalid. If the countertrendline doesnt break to the downside it can still go up. For sells wait for break and retest of structure.
Comment:
$25 tapped. Waiting for trendline break +retest of structure for sell position
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.