MichiBTC2021

Short in CL, if 4h close below 80

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MichiBTC2021 已更新   
CAPITALCOM:OIL_CRUDE   Crude Oil
The COT Index provided a Sell Signal in the last weeks and bearish seasonality in 6 years and 9 years average. Bearish trend reversal confirmed with close of candle below support level (now resistane) on 3.11.2023:


1d and 4h show strong bearish reversal areas according to marketstructure. A 4h close will give a great oppertunity for short trade w take profit just above next strong suppot key level.
RR 1:1.5

Make your own decisions.
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