Light Crude Oil Futures
Short

CL1! Short : Reversal Signal !

119
Following an uptrend, we have a shooting star pattern with high volume, indicating that bears are strongly rejecting the price in that area, implying that there is a strong resistance, as well as an end of the uptrend or a strong correction. Let's wait for the trendline breakout as confirmation for the entry.

snapshot
Fibonacci Golden Ratio

Good Luck Investors !

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.