Critical zone for USOIL WTI A > breakup red resistance to out of flag channel line will be a short trade signal . targets : TP1 : 63.20 TP2 : 64.00 TP3 : 65.00 Stop lose = TP1 B > breakdown green support line will be a short trade signal . targets : TP1 : 60.20 TP2 : 58.40 TP3 : 57.25 Stop lose = TP1 This is not an investment recommendation or any call to buy or sell It is just an analysis based on a study of the history of price action Behavior , that may not be a necessarily reason for the success of the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully the maximum loss in each transaction for the same currency or commodity in the same direction should not exceed ( 2% ) of the capital . Good luck >>