Bearish Structure
In My previous chart I took this trade..big lost . this is another Prediktion for the next week. We have a great Bearish Structure on USOIL, firstly we broke the Descending Triangle downward and currently we formed a Bearish Flag, which points on the decline to continue, in case the pattern is confirmed. Due to this we can initiate a short position on the confirmed breakout of the Lower Boundary of a Bearish Flag.
Trade closed: stop reached
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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.