US WTI Crude (Spot) (XTIUSD)
Short
Updated

OIL: GOING DOWN TO CLEAR THE ALL THE STOPS

180
Daily is consolidating at the monthly support + with a breakout structure on H4 to the downside, lets get in and ride it all the way down to hunt all the stop-losses below monthly wicks. Good luck.
Note
Secondary sell area: 68.00

I will consider the setup as failed if the H4 candles manage to break out and close above the current reversal structure.
Trade active
Note
Added a 2nd sell entry at 68.00
Trade closed: stop reached

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.