Market_Masta
Short

USO - Potential Double Top

FX:USOIL   Crude Oil (WTI)
35 0 0
Potential double top reversal.
Leaning bearish given some signs.

1. Bearish Divergence in 4HR MACD
2. Failure to reclaim March Bull Channel.
3. DXY             trading in tight range in a downward wedge that may present a potential breakout putting downward pressure on commodities
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out