cryptodungeon
Short

US Oil - Breakdown Expected

TVC:USOIL   CFDs on WTI Crude Oil
USOil: Our WEEKLY chart shows us we are approaching several resistance confluence zones.

1) Descending Trend Line
2) Resistance Level



Price could reverse from this price level, keep an eye for Bearish Divergences and Bearish Candle prints.

Our target will be the bottom of our Structure.

Happy Trading!
Comment:
Comment: Take Profit can be claimed now for a 250 pip profit
Comment: Those who sold the resistance level high 75.24 - 400 pip profit
Comment: 700 pips in profit
Trade closed manually
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out