johntradingwick

CRUDE OIL/US OIL - EVENING STAR ON DAILY - IMPORTANT LEVELS

FX:USOIL   CFDs on Crude Oil (WTI)
  • Formation of Evening Star on the daily time frame.
  • If the price takes support from the trendline, then you should wait for more price action.
  • Go Short if the price breaks down from the trendline.
  • Price may retest the trendline before falling down further.
  • Use appropriate risk-reward ratio.
  • Always use a stop loss.

P.S: This is NOT investment advice. This chart is meant for learning purposes only. This is my personal journal. Invest your capital at your own risk.

Rajat Kumar Singh,
B.Tech. (Delhi Technological University)
Community Manager (India), TradingView

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