OHLTD

USOil - Sell Opportunity

Short
TVC:USOIL   CFDs on WTI Crude Oil
Symbol: USOil
Prediction : Short


Daily : We are on a wedge and we just broke it, but now we have to break this support to continue this down move.

H4 : The price is ranging on this box, with multiple bearish rejection, and we have divergence on the MACD.

H1 : We broke our trendline with a strong bearish power, we can have a pullback now on this support, then continue our downtrend.
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.