Updated

USOIL PREPARING FOR SHORT!!

Hey Traders,

Here we have another analysis for USDWTI,

So we expect bearish move in higher TF,
We have two extreme resistance level you can look for short in those areas,
Everything else determined properly on the chart, I will try to share with you my entry setup on USOIL, so make sure you do not miss our analysis,

Any question about USDWTI comment me bellow!
FxShzd team

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No confirmation for entry, so we go for next level

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Read the explanation on the chart! wait for confirmation to short

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As you see so far no sign of change of character from uptrend to downtrend so we wait!

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Just to let you know no bearish sign until now! gong good so far!

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No trade on OIL we just watched price to fly!

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What I see is clear, in Lower time-frame we got the confirmation for change of trend but in higher time-frame we didnt, so this is risky, I will short in the area I determined with half risk!

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Opened short position as I said earlier half risk!

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2nd position for whoever missed it!

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We broker bellow, SL to BE!

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2nd order activated!
Sl to BE as soon as we breal bellow!

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First one BE HIT, second one SL,

I will look for next entry if I got

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There is low pressure in upward trend!

Lets see if this level can stop the price

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So far all good, lets see if it can be hold!

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Last view on USOIL! 1:2 R in profit for now!

As we said earlier we expected to have reaction to 86.86, lets see how price moves!

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Sorry guys I missed to place my second entry for you, I hope you could catch just by my expected level that I was waiting for!

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By the time I was posting price was dropping! so if you missed it leave it, if not hold it!

Lets see if we can close 4h with this shadow!

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Scalping resistance! so, let's see!

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We are in the decisional area! the battle between buyers and sellers! lets. see who wins!

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I dont really like the movement!

Price has been rejecting from the determined level perfectly, but still not showing heavy drop!

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First entry 1:2, second. entry 1:3 ✅

I was waiting for a drop like this! in 5 min covered all previous candles!

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2nd entry tp hit 1:5✅ so I'm closing half of the second entry, The rest I leave for final tp!

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Partial close in an area that determined!

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Price Consolidating between two level! so lets wait to see who is winner!

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So far not much! let's see!

FxShzd

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FxShzd

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