TheTradingDistrict

USOIL - breakout plan

Short
FX:USOIL   CFDs on Crude Oil (WTI)
Price has broken out of our H4 ascending trend line. We will be shorting oil if and only if there is added confirmations to show this is a true breakout.

Price is below our 180 ema and resting below the 55.50 resistance. Looking to target 53.70's
Order cancelled:
price reversed and did not fully break out. there was no confirmation of a sell position in which we did not partake.
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