USOIL : Potential Short Setup at 52.75 towards 49ish

TVC:USOIL   WTI 原油差价合约
This looks like potential larger ZZ ABC with B towards 52.75 and C towards sub 49.
if you notice in lower TF, B looks very corrective in nature and not the impulse creating bear flag . yet manage SL above 54 as oil always overshoot the targets either sides

Entry Price: 52.75$
SL: 54.5
Target: 49 or below
交易结束:到达目标: Finally ! after so long sideways it gave up to technical.

You still bearish? Sell setup in play?
robus 5898928
@5898928, Yes I am until it breaches above previous high. personally I see this as topping pattern on lower tf (1hr, 4hr).
+1 回复
5898928 robus
@robus, ok, lets wait and see. For me this today reversal up was to sharp
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