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Leo-btm
Feb 16, 2022 9:57 AM

What I'm waiting to see in USOIL?  Short

WTI CRUDE OILTVC

Description

USOIL / 4H
Hello traders, welcome to another market breakdown.
USOIL has been trading in a very strong bullish trend. But recently, the price has been rejecting the dynamic weekly resistance indicating a strong pullback is expected.
Before opening in a short position, I'm looking to see a breakout from the rising channel. Then I'll be looking to sell short pullback.

Trade safe,
Trader Leo.
Comments
TradingLamp
Nice analysis 💡
Leo-btm
@TradingLamp thanks mate
ProjectSyndicate
always spot on sharp technicals
Leo-btm
@ProjectSyndicate thanks mate
GraceNg2021
Finally, i'm always waiting for your idea. Love it
Leo-btm
@GraceNg2021 I'll ve updating this one, till I open a trade. good luck
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