DLavrov

Time for Bears?

Short
FX:USOIL   CFDs on Crude Oil (WTI)
Oil
11
oil
Price bounced from resistance 50.00 in second time. It could be reversal and time for bears? MACD and RSI confirm this reversal and forms Bearish Divergence. DMI does not confirm strong up movement. DI lines changes and give sell signal. Entry level is below Moving Average with period 50 or 48.90. Stop level above 50.10 and Targets are: Moving Average with period 100 and above support level 46 if price breaks MA100.

💰COPY MY TRADES FOR FREE! Join 👉 bit.ly/41DKDBD

📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit

💎 Share My BEST Trades here 👉 bit.ly/wubits
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.