Bearish USOIL medium term

Good morning traders,

USOIL have strong resistance area around current levels.

I´m entering short with SL above 52 on a daily close. Breakout of the ascending trendline will accelerate downside

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Regards

Josep Pocalles

Trade aktif:

I´m still short, a new bearish signal once support turned resistance

Trade aktif:

Keep short or reduce exposure :