USOIL - breakout plan
Updated
Price has broken out of our H4 ascending trend line. We will be shorting oil if and only if there is added confirmations to show this is a true breakout.
Price is below our 180 ema and resting below the 55.50 resistance. Looking to target 53.70's
Price is below our 180 ema and resting below the 55.50 resistance. Looking to target 53.70's
Order cancelled
price reversed and did not fully break out. there was no confirmation of a sell position in which we did not partake.
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.