USOIL 82.56 -2.66 % SHORT IDEA * REVERSAL & PRICE ACTION

HELLO EVERYONE

HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
NEW WEEK, NEW OPPORTUNITIES IN THESE STREETS.
LOOKING AT THE USOIL

* The ENERGY is currently trading in a descending channel, testing the base of this structure.
- Short term the pair has currently entered a down trend on the 4h chart this.
- There is a supply zone to look out for on the ENERGY ahead which will serve as the target for this trade should the ENERGY continue upwards, on the sell the target will be the FIBONACCI EXTENSSIONS
- Looking for SHORT entries on the THE CRUDE this week should all the rules of the formation be met.

******* CRUDE OIL INVENTORIES IS UP ON WED HOURS , the increase in the oil is actually less than expected @ 0.515 M which implies greater demand and the energy could react BULLISH .
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