55 sma setup.. Oil close to big resistance... Sell!!!!!
Chart depicts everything..
Chart depicts everything..
Note
Daily with 10 Sma resistance..Note
It broke above that 55 sma but downside is not over yet..!!!!!!!! a lot more confirmations required for bearish momentum to fade away.. as all higher time frames still suggesting fall... watch out 20 ema on daily.. I am expecting move towards 47 and low...
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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.