LastBattle

A bit more downside to come

FX:USOIL   Crude Oil (WTI)
There's a strong support for oil             at $37.72 and I believe that will be the bottom in the coming months.

It is only bouncing given the extreme oversold condition and that does not change the fundamental fact of an over supplied oil             market and many more that are stored in offshore tankers. I highly doubt the long term log trend in black will hold. (Temporary bottom of $47)

At this point you wouldn't want to be shorting, other than waiting for an opportunity to long once the confirmation is in.

UWTI             USO SDRL             XLE            
I don't think wicks show strong support. Rather candle bodies :D
Reply
snapshot


Pretty good buy if you're looking at monthly trend. :)
Reply
ChimbOt PRO LastBattle
nice find :D
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out