Oil formed a bearish bat approved by overbought Stochastic
Hey everyone!
this setup was elaborated based on technical analysis and also with fundamental analysis . After checking several elements, I came to the conclusion that a short is possible when reaching the PRZ (point reversal zone) and have a high probability of success. expecting for a 20% correction
You can find all the details in the chart within small boxes titled: Setup informations, statistics and entry configurations
The supply zone is this level within 83 and 85 which was rejected several times and where many institutionals will look to sell.
So now, I'm waiting patiently to catch the prey.
Tell me your opinion in the comment section
this setup was elaborated based on technical analysis and also with fundamental analysis . After checking several elements, I came to the conclusion that a short is possible when reaching the PRZ (point reversal zone) and have a high probability of success. expecting for a 20% correction
You can find all the details in the chart within small boxes titled: Setup informations, statistics and entry configurations
The supply zone is this level within 83 and 85 which was rejected several times and where many institutionals will look to sell.
So now, I'm waiting patiently to catch the prey.
Tell me your opinion in the comment section
Trade active
Comment:
catched 1:4 being chased out
