USOIL - Short Idea đź’ˇ
Updated
Here we have my outlook for USOIL
Looking for shorts from either of the 2 highlighted area's shown on the charts and targeting the lower H1 OB sitting above the price gap which i expect to be filled.
As for an Entry method for this trade i will be monitoring the lower time frame price action at the supply area's on the chart and looking for bearish LTF confirmations before entering.
Always remember to use proper risk management, this is what will keep you in this game long term! :)
M15 chart below
Looking for shorts from either of the 2 highlighted area's shown on the charts and targeting the lower H1 OB sitting above the price gap which i expect to be filled.
As for an Entry method for this trade i will be monitoring the lower time frame price action at the supply area's on the chart and looking for bearish LTF confirmations before entering.
Always remember to use proper risk management, this is what will keep you in this game long term! :)
M15 chart below
Note
M15 Chart
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