Keep in mind that any oil shorts are counter-trend trades.
Better is to wait for a false break to occur on a 4 hour TF.
Better is to wait for a false break to occur on a 4 hour TF.
Note
Price has broken aggressively 64.00 level, if price comes back and closes below 64.00 level with high momentum we can look for sells.Note
Price has moved as expected, we can look for more downside.
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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.