Adding to short for OIL.
Updated
Here you see long trend resistantant since 2008, and up trend support since 2019 Dec. Also ascended triangle. And now recent gap fill which now act as resistant. I am going to add more short on retest of this resistant line. Here is my setup: second RR grid is my second entry.
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This to me looking like descendant triangle. Confirming my first thought of shorting. So far so good.Comment
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Now look- oil break above 13 year trendline. what do you making out of this? thoughts please.
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