Short
Crude Oil downtrend coming

$CURRENCYCOM:OIL_CRUDE
QQQ
USO
I am short at the 73s on that rising wedge crack, of which I closed most at the low 72s today. Looking to short the spikes into the week.
Analysis explained:
~ Massive head resistance, left shoulder rejection at the 73s.
~ A *Rising Wedge* within a downwards pointing *Megaphone*.
I am short at the 73s on that rising wedge crack, of which I closed most at the low 72s today. Looking to short the spikes into the week.
Analysis explained:
~ Massive head resistance, left shoulder rejection at the 73s.
~ A *Rising Wedge* within a downwards pointing *Megaphone*.
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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.