Oil short view Short

Crude Oil (WTI)FXCM

Description

⋅ Nov 16, 2022 5:54 PM

The third lower high hints at the potential for forming a new lower low. Ideally, it would be in the zone around the $82.00 level. After that, the price of oil would confirm the bearish trend, and then the next potential target is $80.00

Comment

⋅ Nov 17, 2022 11:33 AM

Comment

⋅ Nov 18, 2022 11:43 AM

Trade closed: target reached

⋅ Nov 21, 2022 9:57 AM

Comments

JoeChampion

⋅ Nov 17, 2022 1:09 PM

I love your charting style!

Aleksin_Aleksandar

⋅ Nov 17, 2022 1:11 PM

@JoeChampion, Thank you, man. I try to make it as simple as possible😁

TheTradersAvenue

⋅ Nov 16, 2022 6:25 PM

Good analysis, thanks for sharing

Aleksin_Aleksandar

⋅ Nov 17, 2022 7:04 AM

@TradingAxis, welcome