Get started
bobwff33

Short USOIL on 1h for several reasons

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
bobwff33 Updated   
TVC:USOIL   CFDs on WTI Crude Oil
6
0
I want to short USOIL on 1h for several reasons
1.the power of the impulse wave from 42 to 54 is going weaker.
We can see from the 1H chart,the MACD shows the turnning of the power,b>a,c<b
2.there are two Pivots on the chart,the trend can end anytime
I have draw out the enter point,TP and SL level on the chart
Comment:
We can active the trade at the 53.5 level
snapshot
Comment:
nicely fall
snapshot
Comment:
the structure shows strong support here in 5min chart,close 1/3 of my trade,wait for a retest of the top
snapshot
Comment:
I will wait for a gatterly pattern to finish the retesting
snapshot
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.