TheGoer

USOIL - 1D - pattern

TVC:USOIL   WTI CRUDE OIL
this is what I see on TVC:USOIL             chart :

- trend line forming in the middle of parallel channel
price crossing it could create hesitation.

- RSI had similiar pattern but already brake out

- ADX makes a lower high. This could indicate a sideway movement.

should wait for new trend to take place
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