KelvinShamKaiMan

(EP #123) Kelvin Trade Ideas USOIL Bat Pattern 2020-06-30

Short
TVC:USOIL   CFDs on WTI Crude Oil
A bearish bat pattern is spotted in the one hour chart, it provides a potential reversal level from 41.25 to 41.10. Because the market now is in the uptrend, so this selling signal is a counter-trend trade. I will wait for the market to reach 41.25, if the market give me confirmation signals later, I will decide should I short the market.

Please follow me if you want to know my trade ideas!
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.