USOIL short Short

Crude Oil (WTI)FXCM

Description

⋅ May 18, 2019 11:40 PM

rejecting the daily descending tl on the 4th tap, hourly we can see a rejection of the 50 EMA, 4hr we are nearing the 61.8 fib, if we can break this I will look to go short, if not expect a rejection to the TL and a possible short position to form.

Trend Analysis