Trend analysis:
H4, H1, M30, M15 is bearish
M30 TF: Price is rejected by the resistance and fibonacci area as shown by the engulfing candle
M15 TF: There is a triple top pattern with liquidity sweep and price has pulled back and is rejecting from the FVG + Fib area
My trading plan:
Entry: 71.07
SL: 71.81
TP: 69.59
USOIL
Disclamer on
Trade on your own risk
H4, H1, M30, M15 is bearish
M30 TF: Price is rejected by the resistance and fibonacci area as shown by the engulfing candle
M15 TF: There is a triple top pattern with liquidity sweep and price has pulled back and is rejecting from the FVG + Fib area
My trading plan:
Entry: 71.07
SL: 71.81
TP: 69.59
USOIL Disclamer on
Trade on your own risk
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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.
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.