USOIL have strong resistance area around current levels.
I´m entering short with SL above 52 on a daily close. Breakout of the ascending trendline will accelerate downside
6 Trading Rules :
1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small and increase exposure when trend is confirming your analysis 6. The hard trade is the right trade
Regards
Josep Pocalles
Trade active
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I´m still short, a new bearish signal once support turned resistance