usoil bias short
Bearish indications:
Trend line support broken.
Support broken at 76.06
Bearish engulfer candle from the resistance.
Fib level 0.5 respected from the fall from 89.70
Made a new low and currently at lower low and possible retracement to lower high.
Trade plan bias short limit order@ 76.34
SL:77.52
TP1:75.11
TP2:74.01
Trend line support broken.
Support broken at 76.06
Bearish engulfer candle from the resistance.
Fib level 0.5 respected from the fall from 89.70
Made a new low and currently at lower low and possible retracement to lower high.
Trade plan bias short limit order@ 76.34
SL:77.52
TP1:75.11
TP2:74.01
Note
TP1 HITTrade closed: target reached
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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.