Overview
USOil broke out of this Resistence area (Green Line)
If price should go back under it again i will look for price structure like shown (orange line) and will enter a short.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
Please consider:
This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Thanks for reading!
trader_se
USOil broke out of this Resistence area (Green Line)
If price should go back under it again i will look for price structure like shown (orange line) and will enter a short.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
Please consider:
This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Thanks for reading!
trader_se
Bình luận:
Price went back under the Resistence line. Lets see if the price moves as drawn in the chart.
Bình luận:
Price went again over the Resistence line.I want to see the movement (orange line) before entering. As long price stays above the green line i wont short as to me it might go far higher till it goes back under the green line.
Bình luận:
USOil price managed to stay above the Resistance area (lower green line). Unless it goes back under it i dont plan short anytime soon.
USOil price managed to stay above the Resistance area (lower green line). Unless it goes back under it i dont plan short anytime soon.