USOIL TVC Crude Oil - Short Opportunity 6%+ Drop Potential!

16 Tem 2018

USOIL just impulsed from a large bear flag and appears to be forming a smaller bear flag continuation for a re-entry short position to go lower. Potential bounce areas are shown in ray lines. Position is confirmed with impulsive break from flag, set your order and tight stop loss right above the flag pattern. Position is invalided if pattern forms a downward moving correction. As much as 6% or more drop potential is here.

17 Tem 2018

İşlem aktif

Entry target has been triggered, tight stop loss set... let's ride!

17 Tem 2018

Not

USOIL is experiencing negative correlation with the DXY USD - so keep an eye on the DXY for volatility affecting the drop in USOIL.