West Texas OilShort
USOIL - Lower Low + Key Level + Fibo Exten. = Short Opportunity
Reason to Sell
1) Lower Low = Trend is heading South
2) 5800 = Key resistance
3) 1414 - 1618 Fibo Extension = potential reversal area
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1) Lower Low = Trend is heading South
2) 5800 = Key resistance
3) 1414 - 1618 Fibo Extension = potential reversal area
* Like/Follow for more trading setups
* Please comment/message to exchange knowledge
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.
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.