captain_smollett

USOIL. Another Head and Shoulders forming

Short
FX:USOIL   CFDs on Crude Oil (WTI)
6
USOIL chart may form another HS figure, not as big as previous one but still good to call our attention.

I won´t go long this time, just wait until it consolidates.

Sell order on 30.75

SL: 31.70
TP1: 30
TP2: 29
TP3: 28
Comment:
Looks like we have switched to April futures already...

New target to enter is 33 USD
SL: 35
Trade active:
Sell order activated on 33 USD
Trade active:
Approaching TP1 at 30

Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.