Potential Area to Short Oil
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Could be getting some rejection from this Daily Triangle on USOIL. Getting Confluence with Supply/Demand Zone Analysis
And lower timeframe Market Structure
If price can stay below 60.93 our first realistic targets for a short day would be around 59.90 at the bottom of the Supply zone that its currently dropping through.
And lower timeframe Market Structure
If price can stay below 60.93 our first realistic targets for a short day would be around 59.90 at the bottom of the Supply zone that its currently dropping through.
Nota
Potentially in an area to get short here if price rejects 60.93
Nota
Last chance? Need a rejection under Daily MA...Nota
Buyers were fighting there for a minute eventually bears took over.Nota
Breakage above 60.93, trade invalidated for the time being
Nota
Just in time too, could've taken a quick long here as this was a pivot point for the marketNota
Just a day early!
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