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WAR_ON_FOREX

🐻TIME TO SELL OIL??!!!

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
WAR_ON_FOREX  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Wave Analysis usoilshort longterm Crude Oil tradingcommunity tradingmentor
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trendanalysis chartpattern waveanalysis usoilshort longterm crudeoil tradingcommunity tradingmentor
Oil has been riding that trendline to new heights, but the more times a trendline is tested, the weaker it gets.
this theory has held true once more as price has broken below this MAJOR trendline.
A break of structure can also be spotted as price retests previous areas of support as resistance.
It looks like its time to sell as price seems to have completed the wave sequence of a bearish continuation pattern(bearish flag pattern).

CHECK THE LINKED IDEA FOR THE FULL SETUP

USOIL

Happy trading!!
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