mmrabea

USOIL - Shorting

Short
mmrabea Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Setup: Price has been testing the H4/H1 downtrend line failing to close above it, forming a triangular channel. We enter at the next bounce off the line, setting the SL at the previous high and TP at the psychological level of $54, with a possible extension to $53.11
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