DemetryB

USOIL Short Wyckoff Distribution Schematic

Short
FX:USOIL   CFDs on Crude Oil (WTI)
We see here that the distribution schematic is playing out nicely and we have a nice present liquidity sweep hour candle that if and when it's mitigated we can see the execuse for another push up to a previous 15min mitigation play that brings oil back to it our target of inefficient price action which left an imbalance in the market. As added confirmation the volume indicator shows a spike in our Sign Off Weakness for present bearish strength in wanting price to play out to the downside but we need to run liquidity to the upside first
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