US Oil Short Trade 2.0 *CTL BREAK & RETEST*

Updated
I am attempting to short US Oil again but this time I have the added confluence of the CTL being broken and retested.

Another bearish wick rejection of the trendline and daily 50ema occurred yesterday swell. This gives me greater confidence.

I am still targeting $51 per barrel
Trade active
50ema-rejectionChart Patternsdaily50emaFibonacci RetracementOiloiltradingTrend AnalysisUSDCrude Oil WTIWave Analysis

Related publications

Disclaimer