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VladimirRibakov

Oil Sell Idea From Strong Resistance Zone

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
VladimirRibakov  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Support and Resistance Trend Lines Oil Crude Oil Crude Oil WTI WTI bearishtrendpattern Bearish Patterns SELL resistance_level
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3
trendanalysis supportandresistance trendline oil crudeoil usoil wti bearishtrendpattern bearish sell resistance_level
H4 - Bearish trend pattern.

Currently it looks like a correction is happening in the form of a range.

Price has reached a strong resistance zone formed by the top of the range and the downtrend line.

Until this strong resistance zone holds my view remains bearish here.

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