FX:USOIL   CFDs on Crude Oil (WTI)
1
Crude is hitting on resistance as shown in the purple count. Continuation through this resistance, as in the white count, would turn that resistance into support. Breaking below current support - which has already been tested twice and held - would be an indication of the green count to new lows.
I have no preference at the moment. Going to let price patterns tell the story.

Related Ideas

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.