Fxprotrader
Short

Crude Oil Sell Off Is Coming

FX:USOIL   CFDs on Crude Oil (WTI)
Price in Crude Oil             is moving into a wedge pattern. Looking in MACD we may see a bearish divergence so we should be prepared for a potential reversal. A breakout below the lower bond of the pattern will signal the sell off but first a sell setup should be complete before going short.
maybe reverse today, double top?
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The safest way is to wait for price to break below the trendline and watch for a correction before going short..
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Nice chart
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Fxprotrader PRO Ichimoku_Trader
Thank you mate..!
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