RahuKtu

BEARISH PRESSURE DECREASING ( WTI OIL )

FX:USOIL   CFDs on Crude Oil (WTI)
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WTI OIL OUTLOOK>>>>
Oil declines, touching the minor support level seen on the graph, while bearish direction becomes weaker according to ADX without any signs of reversal, as moving averages are negative.

Therefore, we prefer to stand aside now and wait until a new sign appears. On the downside, coming below 39.35 will extend the bearishness and will bring bearish pressures.

TRADING >>>>we prefer to stand aside now and wait until a new sign appears

Comments

WTI is a wrong link to show any relation with crude oil, you may choose either CL1! or USOIL for that
Reply
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