USOIL We may see 37s once again

Aktualisiert
You may look for shorts if the trendline is broken.

Like and comment if you find value in our analysis.

Feel free to post your ideas and questions at the comments section.

Good luck


NOTES:

- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the price reaches the trading zone. This also means that not every idea is a valid trade.
- Our analysis are trading ideas not trading signals for you. Therefore questions about the status of the trade, stop loss, take profit levels won't help your progress to be a better trader.
- Instead of trying to take this trade and win small profits, focus on the analysis and how to create your own trading style.

Best Regards.
Anmerkung
Snapshot
Sellers tried to break the level but failed. Setup is still valid but we need to see a clear breakout
Anmerkung
Snapshot
Price is creating a ascending triangle, trade is valid if it breaks downside. void if broken upside.
Anmerkung
Snapshot
Price dropped aggressively after the breakout. We did not have the chance to short.
Trade geschlossen: Ziel wurde erreicht
Snapshot
Price gave one more chance to enter at the retest of the structure
Harmonic PatternsTechnical IndicatorsWave Analysis

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