InvestingScope
Short

WTI Crude Oil: Sell opportunity on a Head and Shoulders.

TVC:USOIL   CFDs on WTI Crude Oil
Oil is trading within the (wider) 24.00 - 20.75 neckline of the 1H Head and Shoulders with 1H neutral ( RSI = 47.139, MACD = -0.480, ADX = 27.490). With 4H below the neutral line ( RSI = 39.581) we are expecting the neckline to hold and provide at least one more sell opportunity. Our Target is 21.40.

Previous short term trade:



** If you like our free content follow our profile (https://www.tradingview.com/u/InvestingS...) to get more daily ideas. **

Comments and likes are greatly appreciated.
High quality portfolio management, asset allocation with excellent risk management. Grow your account, achieve steady profit levels and increase your trading edge with InvestingScope (http://www.investingscope.com).

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out