gulz

US OIL - PITCHFORK SHORT SETUP

Short
gulz Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Please refer chart for details.

*** As the pitchfork direction is downward we will look only for short setups with minimal risk.
Comment: waiting for price to bounce
Comment: Bounce can expect now
Comment: if US Oil bounce from here, lets look at top to short
Comment:
Comment: if price breaks the median line, we will look for short while re-testing the median line
Comment:
Trade active: Pin bar -- Short if price breaks the red horizontal line
Comment: No trade as we didn't get good price action (might be Friday effect :) - will wait for another opportunity
Comment: Good thing is that pitchfork nicely spotted the bounce from median line
Comment:

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.