Kumowizard

Not much clue, but I'd rather sell it around 50

FX:USOIL   CFDs on Crude Oil (WTI)
9
Weekly:
- Ichimoku neutral
- Heikin-Asi neutral. Upswing in haDelta and haOscillator, but I have doubts they will be able to get back above their center lines
- Price is retesting broken trendline and Kjun Sen (now a resistance)

Daily:
- Ichimoku still have a bearish bias
- Price agressively siked back to retest Kijun and broken trendline.
- haOscillator reached itstop at 100. This pace of buying is hardly sustainable short term However I can't exclude the possibility of such a strong buying which happened in early April.

If I had to chose, I'd be a seller in 49,50-50,00 range with a stop above 51. Thanks to Market Gods, we also have the luxury of not doing anyhing when we are not/less comfortable.

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.