!USOIL Sell Arguement! Short

WTI CRUDE OILTVC

Description

⋅ Sep 3, 2017 4:43 AM

With USOIL struggling to break CLMA and had tested key top channel twice in August, it is believed to try and test once more if it stands to hold a break on CLMA. If not or heads and rejects channel resistance then shorts will be executed.

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CTF - USOIL
Chart timeframe - 4hr
Area of interest - 49 , 42

Potential target 1 - 45.00
Potential target 2 - 43.50
Potential extended target - 42

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Trade Safe everyone!

Comment

⋅ Sep 4, 2017 12:54 PM

Breach in CLMA, now waiting on test to see if prices breach resistance levels

Comment

⋅ Sep 5, 2017 1:39 PM

Price is as expected going up to test top channel once more, rejection is predicted and entry will be entered once noted.

Comment

⋅ Sep 6, 2017 6:06 PM

Currently see one test of the channel, shorts are coming soon hopefully!

Comment

⋅ Sep 6, 2017 6:07 PM

CFT level for comment above