NYMEX:MCL1!   MICRO WTI CRUDE OIL FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)
So there is clearly a strong resistance at trendline. Now we are waiting for the market to rebound at the trendline and we can make short position. but if the market break through the resistance line. we have to make sure it is a break out or false breakout. wait, patience, got setup, minimal risk. and then entry

Related 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.