There is a possibility that the nice gains on USOIL as predicted in my previous USOIL analysis is coming to a trend reversal with this bearish wedge?
The support of the wedge has three conformation points at the moment, the resistance only three.
Would like some more conformation that it follows this wedge, if it does I'm going in for a short trade as shown on the chart.
Thanks for reading and would appreciate some feedback!
The support of the wedge has three conformation points at the moment, the resistance only three.
Would like some more conformation that it follows this wedge, if it does I'm going in for a short trade as shown on the chart.
Thanks for reading and would appreciate some feedback!
Order cancelled:
Missed the entry, thought it would hold on longer..
