thawkbid

Selling West Texas Crude Oil

TVC:USOIL   CFDs on WTI Crude Oil
The security shows continuation of it's bearish trend after a sharp bounce from its bearish trend line. Sellers can seek the opportunity to sell on the dip till the next respected trend-line support of 67.7.

(please note: the energy is formed a falling wedge pattern and might change its trend into bullish, so be mindful).

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.