USOIL short
past supporting trendlines turned to strong resistance at current price level (@~54.00)
plenty of area to drop in range
rsi overbought conditions signaled reversal in past
sl: ~55.25 (new high)
safer tp: ~52.00 (strong horizontal support)
riskier tp: ~51.00 (bottom of range)
plenty of area to drop in range
rsi overbought conditions signaled reversal in past
sl: ~55.25 (new high)
safer tp: ~52.00 (strong horizontal support)
riskier tp: ~51.00 (bottom of range)
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