Get started
jdani

Potential chart for OIL

CFDs on WTI Crude Oil (TVC:USOIL)  
jdani  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
I see that price now should correct then follow the trend, further down.
In short term 70.30 its a potential target (Daily)
Long term can go further down (Weekly)

Also its a sign of a bearish divergence showing price could go in long term down.

Thank you, Learning at the moment.
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.