Get started
Chartist-Trading

US OIL: Approaching important resistance. A short term top?

Short
CFDs on Crude Oil (WTI) (FX:USOIL)  
Chartist-Trading  
FX:USOIL   CFDs on Crude Oil (WTI)
Trend Analysis Chart Patterns Oil Crude Oil WTI cruedoil analysis
2
0
trendanalysis chartpattern oil usoil cruedoil analysis
US OIL: The uptrend is approaching important resistance area at 77.00-30. July's top alongside with the upper trendline of the channel that contains the uptrend, will make the continuation difficult without at least a short term pullback. We will try shorts at the 77.00 area. Stops above 78.50 targeting 74.50-00
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.