USOIL SHORT IDEA
Anticipating a switch to go lower into later next week following bearish structure. Shorts will be favored to a discount lower. anticipating a target of 69.031 as the immediate target and 68.510 as the final.
expecting a range bound market and a break lower.
Key anticipation: the news driver in the New York session could break lower OR reverse.
The first partial profit target is 70.147.
If the high of 72.404 is taken, may consider the idea invalidated.
As always manage risk.
expecting a range bound market and a break lower.
Key anticipation: the news driver in the New York session could break lower OR reverse.
The first partial profit target is 70.147.
If the high of 72.404 is taken, may consider the idea invalidated.
As always manage risk.
Catatan
We have the confirmation, breakout lower. stops trailed to the highs 72.404. Risk minimized. Potential to go lower and squeeze longs to the close.
Catatan
71.20 retracement to possibly continue lowerCatatan
Scaling in more shortsCatatan
71.500Trading ditutup secara manual
SL triggered. Idea invalidated
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.