Nice setup to short Crude oil falling channel 🛢️📉

Di Tomasgei
CL1! is trading now in long-term supply area ( resistance). After estabilished triple top price pattern we could see tradingCL1! in falling channel.On hourly timeframe its clear downtrend and price forming hanging man pattern.
After breakdown diagonal trendline price is testing it, its perfect setup to short entry.

here is data for my trade:
------------------------Trade setup ---------------------------
Entry: 52.62
Stop Loss: 52.92
Profit target: 51.54
Time stop: MOC ( Market on Close)
------------------------------------------------------------------

If you like the idea, do not forget to support with a đź‘Ť like and follow.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Crude Oil Futures WTI (CL1!)Crude OilcrudeoilshortEnergy CommoditiesfuturesMoving AveragesParallel ChannelSCOTrend AnalysisUCOUSOCrude Oil WTI
Tomasgei

Pubblicazioni correlate

Declinazione di responsabilitĂ