WaveTrends

UsOil Sell Update

Short
FX:USOIL   CFDs on Crude Oil (WTI)
This pair has finally started to see bearish action.
See my previous idea.
This is a downtrend. Price made a higher low on the hour 4 chart. Price is also below the 200 day moving average. Now we can expect at least a double bottom or a lower low.
We should only be looking to sell.
I have entered my sell. My first take profit is 62
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.