USOIL moved up to the 786 retracement level of the previous swing.
We have been seeing some small amounts of bear movement on the earlier time frames.
On minute 15 , price is actually trending down.
This sell idea is based on Fibonacci Trading.
If you sell this pair , you are selling on the idea that price will turn at the 786 retracement area.
Can it make a double top before it falls? Yes it can. Is it likely? yes it is.
Anything can happen.
Please Trade at your own Risk and use risk management!
We have been seeing some small amounts of bear movement on the earlier time frames.
On minute 15 , price is actually trending down.
This sell idea is based on Fibonacci Trading.
If you sell this pair , you are selling on the idea that price will turn at the 786 retracement area.
Can it make a double top before it falls? Yes it can. Is it likely? yes it is.
Anything can happen.
Please Trade at your own Risk and use risk management!