USOil: Our WEEKLY chart shows us we are approaching several resistance confluence zones.
1) Descending Trend Line
2) Resistance Level
Price could reverse from this price level, keep an eye for Bearish Divergences and Bearish Candle prints.
Our target will be the bottom of our Structure.
Happy Trading!
1) Descending Trend Line
2) Resistance Level
Price could reverse from this price level, keep an eye for Bearish Divergences and Bearish Candle prints.
Our target will be the bottom of our Structure.
Happy Trading!
Note
Take Profit can be claimed now for a 250 pip profitNote
Those who sold the resistance level high 75.24 - 400 pip profitNote
700 pips in profitTrade closed manually
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.
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.