"Long Setup on UsOil (WTI)" in the Short Term by ThinkingAntsOk

TVC:USOIL   CFDs on WTI Crude Oil
1H Chart Explanation:

- Price is currently on a Descending Channel .
- Bullish Divergence on MACD .
- Potential to bounce from the Bottom of the Channel towards the Confluence Level ( Resistance Zone + Top of the Channel) at 54,45.

However, we still short in the Middle / Long Term. You can check our Top and Bottom Analysis on the Related Ideas.

Updates coming soon!
Thinking Ants.
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