Some red candles are coming?

TVC:USOIL   CFDs on WTI Crude Oil
310 4
Good morning guys !!!
Sorry for the miss, let's take a look at the daily situation.
The wti has reached a critical level for the mid term, and later I will explain why.
Prices are sustained by a well-defined trendline (see the red TL), and the market cycles are very similar, both in terms of duration and price objectives.
So I hypothesized a cycle of 50 bars for the current movement (to be abundant), waiting for clear short entry signals.
1 signal: the cycle is terminating, correction is coming (it has already started)
2 signal: breaking EMA 7 daily. The last closing has stopped above EMA 7, if today's candle will be red, the signal will be confirmed.
3 signal: the structure in H1 has been compromised (look at the chart in the comments).

So my direction for the next days is short. If something changes, I will give you updates.

Good day and good work!!!
Comment: Watch for pullback confirmation and sell again

Trade closed manually: After 5 dollars, I think it's time to close. Now will probably start the up movement.
Good luck guys!!!
When news paper shout the oil price ll fall
Based on the 1D Channel Up, the current levels are a Higher Low. We are bullish with TP = 77.60:

Looks good so far. Thanks for posting
What t1 level
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out