Still neutral but close to critical bearish level

FX:USOIL   Crude Oil (WTI)
1053 0 6
It really must hold 43,15, or else it will collapse to/below 40 again.

Technically I do not see any signals yet, which could be encouraging for Bulls, unless that all bad news are out, and Price still did not make a lower low below 43,50.

I still do not recommend bottom fishing, as HFTs can easily try some push towards 43 and a stop hunting to shake out positions from weak hands. Swing buy signal needs Heikin Ashi confirmation: minimum a candle with upper and lower wicks. I think the safer level to enter swing longs today or tomorrow would be only ard 44,40+ with a stop buy order. For now Heikin Ashi is still bearish .

Be patient! ... I know that's the hardest part of trading and investing :-)

Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out