USOIL is continuously trending downwards, and being biased is good for short term to medium term. My bias is on short side until major trend or market structure changes, reason being:
1. Major Break of structure
2. liquidity inducement still left in the market(retail liquidity)
3. orange boxes are possible Point of interest to enter shorts
4. check out on 1 hour time frame and 30 mins time frame for major structure break confirmations to enter the trade
Disclaimer: This is purely my view, any profits or losses is not my responsibility
1. Major Break of structure
2. liquidity inducement still left in the market(retail liquidity)
3. orange boxes are possible Point of interest to enter shorts
4. check out on 1 hour time frame and 30 mins time frame for major structure break confirmations to enter the trade
Disclaimer: This is purely my view, any profits or losses is not my responsibility