USOIL Possible Bear Continuation Targets

Penjualan

CFD pada Minyak Mentah WTI (TVC:USOIL)

Diupdate

TVC:USOIL CFD pada Minyak Mentah WTI

trendanalysis chartpattern gann oil gannangles oilshort continuationpatterns 45degreeangle

USOIL is being well supplied after pulling back to the grand 45 degree line coming down from the top. If 5000-5050 area fails, the bear case becomes more relevant. Assuming pre mortem conditions, the inventory report turning this around and supply being dried up by incoming new demand, it is reasonable to look for entry opportunities on the lower timeframes. It's better to get out after being proven wrong shortly after entry than hold the bag for who knows how long.

Komentar:

USOIL 1H

Here is lower timeframe perspective at the same picture

Trade aktif:

Sold here, 70 ticks stop

Trading ditutup: stop tercapai:

1R loss on this short setup

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