USOIL tradingview.com/x/DsF8WILWThe price recently made a strong bullish move (green candles) but then started to form lower highs — showing potential reversal signs.
The chart includes a bearish harmonic/pattern zone, suggesting price exhaustion near the top.
🔹 2. Enter Layer (Sell Zone)
Entry Area: Around 61.75–61.80 (blue highlighted “ENTER LAYER”).
This is where the trader expects the market to retest the resistance zone before dropping again.
The small arrow and “M” shape above show an expected minor pullback before entering the short position.Stop Trade Area
Stop-loss: Above 61.85–61.90 (gray “STOP TRADE AREA”).
If price moves above this level, it means the bearish setup failed — exit the trade.
🎯 4. Target Points
Step-down profit targets are marked as horizontal red lines:Wait for price to retest 61.75–61.80 zone.
If a bearish confirmation candle forms (rejection wick or bearish engulfing), enter short.
Place stop above 61.85–61.90.
Scale out at each target zone as price drops.
