FullTimeTrader
Short

USOIL-bearish butterfly

FX:USOIL   Crude Oil (WTI)
685 1 12
Today the price opened with a gap. Price is near a long term resistance visible on W1 chart:
snapshot


A bearish butterfly is already completed and price is testing the PRZ. I expect the gap to be filled with the bearish butterfly .

Good R/R ratio.

Best regards.


snapshot


This is my updated projected time and price target from the daily...I don't think it'll be reached, and if not reached in time, or reached faster, it'll suggest it's time to short it.
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