FUNTRADER-Vera

1212 USOIL pressure line now stop it rising again

Short
FX:USOIL   CFDs on Crude Oil (WTI)
On the right weekly chart is what we have been following with: a potential harmonic weekly pattern.
Now the red pressure line is stopping pirce of oil to rise again.
On the left daily chart, this could be end of 5th wave of a uptrend channel.
And price is retracing back to the red support zone.

Good luck!!
LESS IS MORE!
Trade closed: target reached:

Now it seems risky to short USOIL that time.
But god bless us, we had this signal hit TP1 with half size, 90 pips profit.

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