Short Setup ( STOP LOSS EOD Close above 30.60)

FX:USOIL   Crude Oil (WTI)
43 0 2
OIL             Overview>>>>>>>>>>>>>>
Oil             inclined, stabilizing above 29.60-29.65 with a four-hour closing above this level and that is a positive catalyst. We need additional confirmation with a move above 30.60 levels to extend the bullishness; otherwise, we will close all opened positions.

On the downside, coming below 27.80 will cause failure and we have issued a position for our subscribers in the yellow zone.
Despite the positivity on oil             with trading above moving averages at 29.00, but we need to witness a stable move above 29.65 to extend the correction.
ADX shows decline in bulls’ power, but remains positive, while RSI trades above the value of 50.00.

We will be neutral until prices stabilize above 29.65 and we will update with the market movements.

Support: 29.00 – 28.40 – 27.80

Resistance: 29.65 – 30.00 – 30.60
TARGET 27.80
Direction: Sideways
Trade active
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