Bearish USOIL medium term

Good morning traders,

USOIL have strong resistance area around current levels.

I´m entering short with SL above 52 on a daily close. Breakout of the ascending trendline will accelerate downside

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Regards

Josep Pocalles

Trade active

I´m still short, a new bearish signal once support turned resistance

Trade active

Keep short or reduce exposure :

Realisto_FX

Josep Pocalles
Top Technical Analysis Voice
linkedin.com/in/josep-pocalles/
One-to-One Trading Coach & Mentor
Telegram Channel
t.me/+QbOKfXHX1UArUQCB
Análisis
amconsulting.substack.com

Also on:

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.

Realisto_FX