Short entry Setup on USOIL
A perfect 61.8 retrace last week and then a drop. Not uncommon, and could go either way at this point. But I'm in favor of down, so my plan is this:
Since price is well supported in the 33-34 price range, I will wait for a bounce here, and entry below the bounce.
I will update you when I find a good entry.
Since price is well supported in the 33-34 price range, I will wait for a bounce here, and entry below the bounce.
I will update you when I find a good entry.
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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.