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"UsOil (WTI) starting the new move from here?" by ThinkingAntsOk

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
ThinkingAntsOk  
TVC:USOIL   CFDs on WTI Crude Oil
Support and Resistance Trend Lines Multiple Time Frame Analysis Crude Oil WTI WTI wticrude Crude Oil Futures WTI (CL1!) cl1 Commodities Oil
6
2
supportandresistance trendline mtfa usoil wti wticrude cl1! cl1 commodities oil
4H Chart Explanation:

- Price bounced on the Resistance Zone.
- Price broke the Ascending Trendline.
- Bearish Divergence on MACD.
- If the bear move starts, price should break the $59 level to continue towards the next Support Zone at 55,10 and, finally, to the Support Zone at 51,4.

Our Weekly and Daily Analysis also support this short idea! Take a look.

Weekly Analysis:
snapshot

Daily Analysis:
snapshot

Updates coming soon!

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