Get started
majidahmadi

USDWTI Trend Analysis

U.S. DOLLAR / WTI CRUDE OIL (FX_IDC:USDWTI)  
majidahmadi  
FX_IDC:USDWTI   U.S. DOLLAR / WTI CRUDE OIL
Trend Analysis Crude Oil WTI USDWTI Crude Oil Oil priceaction
1
0
trendanalysis usoil usdwti crudeoil oil priceaction
There are two possible senario in my point of view ...
Firstly, crude oil is near the daily horizontal and dynamic resistance at 76.5! it couldn`d break the resistance zone.
Secondly, it might try to make a fake break and then coutinue to its weekly down-trend!
What do you think?
like and leave a comment ;)
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.