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cryptodungeon

US Oil - Breakdown Expected

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
cryptodungeon Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Crude Oil WTI US Oil short Forex trader trading dollar USD
4
0
trendanalysis chartpattern usoil us oil short forex trader trading dollar usd
USOil: Our WEEKLY chart shows us we are approaching several resistance confluence zones.

1) Descending Trend Line
2) Resistance Level


Price could reverse from this price level, keep an eye for Bearish Divergences and Bearish Candle prints.

Our target will be the bottom of our Structure.

Happy Trading!
Comment:
Comment:
Take Profit can be claimed now for a 250 pip profit
Comment:
Those who sold the resistance level high 75.24 - 400 pip profit
Comment:
700 pips in profit
Trade closed manually
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