USOIL 78.87 +0.03% SHORT IDEA * REVERSAL & PRICE ACTION
Updated
HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE USOIL ENERGY.
* The ENERGY is currently trading in an ascending channel but seems the channel now consolidating in a BEAR FLAG just above of structure.
- Short term the pair has currently entered a consolidation as WE break below on the 4h chart this set up comes into play.
- There is a demand zone to look out for on the ENERGY before we continue with the bears, BREAK BELOW will trigger the set up.
- Looking for SHORT entries on the pair this week should all the rules of the formation be met.
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE USOIL ENERGY.
* The ENERGY is currently trading in an ascending channel but seems the channel now consolidating in a BEAR FLAG just above of structure.
- Short term the pair has currently entered a consolidation as WE break below on the 4h chart this set up comes into play.
- There is a demand zone to look out for on the ENERGY before we continue with the bears, BREAK BELOW will trigger the set up.
- Looking for SHORT entries on the pair this week should all the rules of the formation be met.
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
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retesting the level on lower time frames wait, or market executions
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