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WicktatorFX

OIL - Clear SHORT Targets!

CFD sur Pétrole brut WTI (TVC:USOIL)  
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TVC:USOIL   CFD sur Pétrole brut WTI
Trend Analysis Chart Patterns Wave Analysis Oil Crude Oil WTI Crude Oil Crude Oil Brent USDCAD CAD opec XAUUSD EURUSD
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trendanalysis chartpattern waveanalysis oil usoil crudeoil ukoil usdcad cad opec xauusd eurusd
Oil has shown us clear price action where we can see an impulse, ABC correction and now we're in the next impulse phase.

The weekly timeframe indicates that the bullish wave is over and we may see a deeper correction now.
snapshot

A simple way to enter Oil SHORTS is by waiting for a correction on lower timeframe.

Trade Idea:
- Watch for any sort of corrections on lower timeframe
- Enter with stops above that correction
- Targets: 94, 85


What do you guys think?
Commentaire:
Watching this trendline for a break. Invalidation of short setup is the recent high structure level

snapshot
Commentaire:
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