sell oil now as head and shoulder appeared right now

So as you can see it has formed head and shoulder,we can invest on shorting position and see if it breaks the strong resistance for now.

tips.

*If the price reboounded at $50 we should immeidately close the position.
*we should enter 3 times so that profit can be alot and risk can be less.
for eg,if you want to enter 1 lot you enter the first position right now with 0.3 lot.
and after it break $50,you shall enter with more 0.3 more.
then after it goes more lower price,you throw the last bulllet.

remember trading isnt about guessing the next price action right.
it is about winning with money management.

win big and lose small.
Chart PatternsHead and Shoulders

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