ThinkingAntsOk
Short

"Top and Bottom Analysis" UsOil (WTI) by ThinkingAntsOk

TVC:USOIL   CFDs on WTI Crude Oil
4H CHART EXPLANATION:

Main Items we Observe on the Chart:

- Price broke the Ascending Trendline and is currently on a Bearish Corrective Structure.
- Bearish Divergence on MACD .
- If it breaks it at 61,10, it has potential to move down towards the Support Zone at 55,30, being careful with the Middle Support Zone at 58,70.

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