nick2497

Crude Oil Short (Daily)

Short
EIGHTCAP:USOUSD   Spot WTI Crude Oil
Rejection of a lower high from an OB area. Powerful imbalance created by the previous move down has now been filled, and I believe price is ready to use this as a pivot zone to retest or even break through the established bottom.

TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY
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.