US Crude Oil SPOTShort
WTI - Short is now in the Short Sell Zone
Looking for an entry now to go short on WTI.
Stop loss will be above the previous high on the higher timeframe, and take profit will be lower down, potentially at the lower green zone, where I will then look for a buy position.
I am also watching the volume footprint to understand whether the order flow is slowing down, and the sellers are starting to take over. That is my final green light to short WTI on this trade.
Stop loss will be above the previous high on the higher timeframe, and take profit will be lower down, potentially at the lower green zone, where I will then look for a buy position.
I am also watching the volume footprint to understand whether the order flow is slowing down, and the sellers are starting to take over. That is my final green light to short WTI on this trade.
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"Founder of Sandrock Trading Academy | Empowering traders worldwide."
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.