USOIL is currently in a bear pennant pattern. Will it continue this bearish trend? This is an excellent short entry point because you can create a tight stop loss.
See chart for target and risk/reward ratio!
Use trend lines to set alerts. If the bulls breach the resistance trend line, then close your short position
See chart for target and risk/reward ratio!
Use trend lines to set alerts. If the bulls breach the resistance trend line, then close your short position
Trade active:
Reversing position to Long
Still have tight stop loss
Still have tight stop loss