USOIL (WTI) : Short 500 Pips
Updated
Hi guys !
Here we have a nice bearish setup on the oil .
Accumulation of :
- Bearish Harmonic pattern
- Cross of double weekly trendlines ( watch below for weekly view )
- Fibonacci retracement 78.6 to 61.8 on 2 year min/max
- Resistance zone
- Retest of the channel
- Overbought stochastic (90-95%)
- Standard deviation & fibonacci targets
There is 4 targets on the chart , I suggest to put the stop loss in profit when the first one is hit .
Good luck ! :)
Like & follow for more high probability setup !
Here we have a nice bearish setup on the oil .
Accumulation of :
- Bearish Harmonic pattern
- Cross of double weekly trendlines ( watch below for weekly view )
- Fibonacci retracement 78.6 to 61.8 on 2 year min/max
- Resistance zone
- Retest of the channel
- Overbought stochastic (90-95%)
- Standard deviation & fibonacci targets
There is 4 targets on the chart , I suggest to put the stop loss in profit when the first one is hit .
Good luck ! :)
Like & follow for more high probability setup !
Note
Note
Im looking for a reversal confirmation 
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