USOIL Chances for short
Last few days I'm getting couple of mails / PM's regarding my OIL prediction. I'm glad to see people likes my ideas which inspires me lot. Thanks for supporting me.
Back to chart, as we can see in my previous chart, market couldn't reach my target and bounce back to the point as we're now. It is trying to create triple top as well as bullish rejection at the same point. That's why I'm kind of feel that this is a good region to sell it further.
News events are still far away. lol.. more than 6-7 hours later. So hope, in the mean time we can have this trade going and take some pips for us.
One more thing. You'll needed to follow the strict rules while trading OIL. This is extremely volatile. Anything can happen any time. So after getting some good pips, please make sure to move your Stop at the break even point (entry point). Also if you want, can take some profit as well. So that we can be assure we won't loss the trade.
Back to chart, as we can see in my previous chart, market couldn't reach my target and bounce back to the point as we're now. It is trying to create triple top as well as bullish rejection at the same point. That's why I'm kind of feel that this is a good region to sell it further.
News events are still far away. lol.. more than 6-7 hours later. So hope, in the mean time we can have this trade going and take some pips for us.
One more thing. You'll needed to follow the strict rules while trading OIL. This is extremely volatile. Anything can happen any time. So after getting some good pips, please make sure to move your Stop at the break even point (entry point). Also if you want, can take some profit as well. So that we can be assure we won't loss the trade.
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