HugoAJROUCHE

Short Vision on OIL for 10/08/2021

Short
TVC:USOIL   CFDs on WTI Crude Oil
Hello Dear Traders,

You find below my analysis for OIL which is near in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame OIL will fall to 66.8 as I am showing in my chart. Our Daily Goal is 66.5.

Currently, OIL is moving towards the resistance level of 68 ,where there is some liquidity from this value we are looking for short-term selling opportunities of OIL.

Good Luck and enjoy your Bearish Market for today.

Entry:@ 68
TP1: @67.6
TP2: @67.3
TP3: @66.8
SL : @68.5
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Trade closed: target reached