Kumowizard

Daily trend is bullish, but we may have a local top

FX:USOIL   CFDs on Crude Oil (WTI)
8
Weekly:
- Price is at Kumo resistance.
- Forward Kumo structure will support Bulss in the long run, but haDelta started to show loss of shorter term bullish momentum!
- I think we'll see some form of pull back here, before we see next major bullish leg up later this year.

Daily:
- Ichimoku setup is bullish
- Heikin-Ashi may signal a local top ard resistance
- EWO is bullish, but maybe tops

For clarity: signal is NOT TO GO SHORT, signal is to reduce longs!
If you are an experienced trader and you consider to go counter trend swing short, do it only with small size, and relatively tight stop!

We may see some sideaway consolidation, or a retest to 46, maybe to 44,60.

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