AvinashMudaliar
Short

USOIL WaterFall Trade Setup

TVC:USOIL   WTI Rohöl CFD's
This Setup once triggered Can induce Falling Knife effect.

Rationale is Price respecting TS             . GAP between TS             and KS is huge.

Sell will be Tiggered once Candle Closes below this Red Dotted Line and Its low is breached.

Initial TP would be H4 KS (Current TF). Target would look Small but when Trading Multi Lots like 10 Mini then Good to Book 3 Mini Here (For MCX             Trader's Trading based on this Setup)

Next Targets are TS             ,KS, or Structure Supp on Next Higher TF. In this case Next HTF             would be H8 or Daily. I am Taking Daily since i dont have PRO capability on TV.

Stop will be Candle Close above recent Highest High and Wait for Candle to Breach its High.
Kommentar: SELL SETUP INVALIDATED.

NEW SELL SETUP FORMING
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