USOIL SHORT
Now we can see on the graph Flag pattern during bear trend after extremely strong fall. A width of this Flag is about 550 pips. So after breakdown a lower border I expect that price will fall about 550 pips or more. Potencial point to open short is on 31.20, Stop Loss - 33.10 and Take Profit - 26.20. Ratio 1:2,5.
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.