faylee

A bearish bat pattern+W5 to be confirmed to short OIL

Short
faylee Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Watch the trend line to be break out or hold.

Resistance 49.3
Support 47.5, 46.5
target 46.5, 45,43.5, 41
Trade active:
I've already shorted at $49.1
Trade active:
I've made some hedging at 47.5, in order to protect the profit.
Bounce target at 48.5, max 48.88

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.