Stargazer_fx

USOIL is below Support/Resistance,wait for pullback to SELL..

Short
TVC:USOIL   CFDs on WTI Crude Oil
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USOIL
The price is below Support/resistance level,and fundamentally the price is very Bearish ,After a correction there is a chance that price will continue its bearish move,wait for the price to reach the zone and if price gives any bearish signal then look for sell opportunity..

For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe for confirmation to SELL..
Trade it with proper Sl..
Take entry only after price gives bearish signals..

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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

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