TradingView
concept0007
Jan 6, 2017 9:30 PM

Hug that bear Short

BRENT CRUDE OILTVC

Description

well this has been a good bull rally and it seems like the bulls are finally getting exhausted and a Hammer formed on top of the bollinger zone which indicates a reversal to the downside. This might be a great rally for the bears and the weekly has formed a doji which shows indecision in the market and from the pressure of the bears on the 3rd day of this month should not be underestimated. I really feel this could be the best entry for a sell but feel free to comment if you have any doubts/disagree.
More