U.S. DOLLAR / BRENT CRUDE OIL
Short
Updated

OIL SELL VS 52.00

59
OIL has approached a massive sell zone now at 51.50.

It should not cross 52.0 If it does, I will remove my sell plan.
Note
I have removed my sell plan from this idea for now. Oil could continue its rally and I would prefer to wait for a safer situation.
Note
At the 53.0 Level, 2 bottoms have come into play again. I have created a new idea about how to trade the 53.0 level.

I believe this pair has reached a top, and we are showing signs of a bearish momentum gaining.

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.