I'm looking to short "USOIL"
Reasons :
1. Price is coming down off two mayor trend lines base off the daily and 4hr timeframe
2. Head & shoulder formation
3. Price is below the 25 MA
R:R = 1:5
Happy trading day !
Reasons :
1. Price is coming down off two mayor trend lines base off the daily and 4hr timeframe
2. Head & shoulder formation
3. Price is below the 25 MA
R:R = 1:5
Happy trading day !
Commento:
SL hit -2%