An upcoming short trade opportunity here in the USOIL with an upcoming bearish Shark (PRZ) and Cypher pattern completion (78.6% XC). Entry, SL, Setup POR (point of ruin) and TP as seen in the chart. Trade with care.
Legends:
Blueline: Aggressive entry order
Gray Zone: Potential Reversal Zone (PRZ) - zone of interest to look for a trade
Red dotted line: Stop-loss order
Red dash line: Setup point of ruin (POR) @ 1.13
Greenline: Target profit order (TP1 @ 0.382/TP2 @ 0.618)
Legends:
Blueline: Aggressive entry order
Gray Zone: Potential Reversal Zone (PRZ) - zone of interest to look for a trade
Red dotted line: Stop-loss order
Red dash line: Setup point of ruin (POR) @ 1.13
Greenline: Target profit order (TP1 @ 0.382/TP2 @ 0.618)