USOIL 102.35 -4.03 % SHORT IDEA * CONT. PTTNS & PRICE ACTION 💡

HELLO EVERYONE

HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
LOOKING AT THE USOIL

* The ENERGY is currently trading in an DOWN-trend , just consolidated, tested the roof of this structure .
- Short term the ENERGY is currently at the supply zone could go lower so looking for possible continuation with the bears.
- Looking for SHORT entries on the THE CRUDE this week should all the rules of the formation be met.

******* CRUDE OIL INVENTORIES YESTERDAY saw an increase in the oil is actually less than expected @ 3.449 M which implies LOWER demand and the energy could react BEARISH .

SHOULD WE BREAK BELOW HERE'S A POSSIBLE SCENARIO SCALLED DOWN TO AN HOURLY TF

https://www.tradingview.com/x/FZswxRn1/

So lets see how it goes


IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE