Crude Oil: Key Level To Watch For Shorts

FX:USOIL   CFDs on Crude Oil (WTI)
Crude oil seem to bounce from a weekly downtrend, in a impulsive way with a sharp move to the down. Sooner or late price will start a correction, maybe testing the upper parallel of the downslope median line . In that correction or after it's over we should watch for a sell setup. It's a little early at the moment but i will keep a close eye on crude and i will update if a sell setup is completed.

Weekly downtrend:

Thank you for all your support.. :)
Comment: As expected price is now moving in a corrective mode. We might have another small move towards the upper parallel where we should start watching for sell setups. I will update again if a setup is completed based on my strategy
very nice..keep update sir,,(Y)
Fxprotrader megart89
Thank you :) Sure, i will update if a sell setup completes
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out