USOIL Short Trade - Intraday & Swing *Double Set Up*
US Oil rejecting the key resistance zone at $57.50 which is a 3rd touch at this zone. Nice deceleration on the 1hr timeframe
By simply buying low and selling high, this set up seems pretty simple. We did see a 4hr lower low on Friday so excluding any complications, Oil may continue to drop off in to the low 50's over the week.
Stop loss is comfortably above the previous highs and out of this resistance zone.
By simply buying low and selling high, this set up seems pretty simple. We did see a 4hr lower low on Friday so excluding any complications, Oil may continue to drop off in to the low 50's over the week.
Stop loss is comfortably above the previous highs and out of this resistance zone.
액티브 트레이드
코멘트:
Entry on the bearish engulfing 1hr candle and deceleration at the key resistance zone.
거래청산: 스탑 닿음