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CFDs on WTI Crude Oil
Short

USOIL SHORT FROM RESISTANCE

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Hello, Friends!

USOIL uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 72.06 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USOIL pair.

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I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
EliteTradingSignals
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Bearish PatternsChart PatternsforecastForexSELLshorttecnhicalanalysistradingTrend AnalysisCrude Oil WTIWave Analysis
EliteTradingSignals
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