WTI Oil / USOIL [1-3 days view]

Sell on strength
Buy: 52.75
SL: 53.65

Price expected to pull back towards 61.8% retracement (entry) before breaking below ascending trendline support and then continuing the drop towards 50.55 level.

Price is below what I call the natural moving average and MACD seems to be turning downward, heading into bearish territory as well.

Cheers.

İşlem aktif:

1st TP reached. I expect a further push down now towards my final TP

İşlem kapandı: hedefe ulaştı:

As expected, final TP reached. (+4.11%)