Short bias

TVC:USOIL   CFDs on WTI Crude Oil
Last week we saw price stall around the weekly level of $65 . My bias on this pair is currently short as the market in the past 8 hours has formed a bearish engulfing pattern. Alongside this information the daily timeframe has formed a shooting star so I think we could see price push further to the downside to $62.80. This bias would be invalidated if price shows a clear break of the $65 region. The two hour timeframe has also printed out a three pin formation ( evening star ) with my moving averages crossing over. Lets see what happens next week.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out