Short USOIL on 1h for several reasons
Updated
I want to short USOIL on 1h for several reasons
1.the power of the impulse wave from 42 to 54 is going weaker.
We can see from the 1H chart,the MACD shows the turnning of the power,b>a,c<b
2.there are two Pivots on the chart,the trend can end anytime
I have draw out the enter point,TP and SL level on the chart
1.the power of the impulse wave from 42 to 54 is going weaker.
We can see from the 1H chart,the MACD shows the turnning of the power,b>a,c<b
2.there are two Pivots on the chart,the trend can end anytime
I have draw out the enter point,TP and SL level on the chart
Comment
We can active the trade at the 53.5 levelComment
nicely fallComment
the structure shows strong support here in 5min chart,close 1/3 of my trade,wait for a retest of the topComment
I will wait for a gatterly pattern to finish the retestingDisclaimer
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