USOIL SHORTS
Although price is at a key support, it is still below the 200 EMA so i'm more inclined to short. On the 4h and 1h, you can see price has retraced to the 50-61.8% retracement zone as well as forming a potential bearish flag pattern. In order to sell, I'd like to see price show strong rejections.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.