As you can see i entered short position. There are many indicators that USOIL going down for a bit.. I take profit on first strong support. Risk/Reward % is there good enough.
Good luck to you all :)
PS: make your tactic simple as possible..
This triangle is based with good support and descending new highs looks like bearhish move here... Look after triangle pattern and watch breakouts. Possible bull breakout could be fake.
Im looking for bear breakout with retest triangle base resistance/support.
Hello traders ! I highlited possible SELL entry and take profit... TP is on another strong support where i expect corection.
RSI is also very overbought about 83%