Gillins

USOIL short

Short
TVC:USOIL   CFDs on WTI Crude Oil
Weekly failed inverted H&S pattern with price recently breaking below the weekly and daily 50EMA. Daily high test rejecting 618 retracement of the previous move down. Intraday still showing bullish price action. Higher times frames signaling divergence for bearish. Waiting for intraday trend change to signal entry.
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.