Hi guys !
Here we have a nice bearish setup on the oil .
Accumulation of :
- Bearish Harmonic pattern
- Cross of double weekly trendlines ( watch below for weekly view )
- Fibonacci retracement 78.6 to 61.8 on 2 year min/max
- Resistance zone
- Retest of the channel
- Overbought stochastic (90-95%)
- Standard deviation & fibonacci targets
There is 4 targets on the chart , I suggest to put the stop loss in profit when the first one is hit .
Good luck ! :)
Like & follow for more high probability setup !
Here we have a nice bearish setup on the oil .
Accumulation of :
- Bearish Harmonic pattern
- Cross of double weekly trendlines ( watch below for weekly view )
- Fibonacci retracement 78.6 to 61.8 on 2 year min/max
- Resistance zone
- Retest of the channel
- Overbought stochastic (90-95%)
- Standard deviation & fibonacci targets
There is 4 targets on the chart , I suggest to put the stop loss in profit when the first one is hit .
Good luck ! :)
Like & follow for more high probability setup !
Note
Note
Im looking for a reversal confirmation 
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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.
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.