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USOIL: BEARISH TREND

USOIL: BEARISH TREND

Price has been rising but a gap has been identified. Expecting a reversal and sell opportunity. Price is due for a correction and sellers are expected to take control.

Key Levels:
- Entry: NOW (70.70)
- Stop Loss: (71.46)
- Take Profit: (68.00)

Linear Regression Channel:
- Upper band: Resistance
- Lower band: Support
- Median line: Trend indicator

My prediction: Sell opportunity arising from gap identification.

Price has been rising but a gap has been identified. Expecting a reversal and sell opportunity. Price is due for a correction and sellers are expected to take control.

Key Levels:
- Entry: NOW (70.70)
- Stop Loss: (71.46)
- Take Profit: (68.00)

Linear Regression Channel:
- Upper band: Resistance
- Lower band: Support
- Median line: Trend indicator

My prediction: Sell opportunity arising from gap identification.

Best wishes Tom 😎
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done 300pips wohoo we won

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