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WTI CRUDE OIL Best long term sell

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
TheCryptagon  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Technical Indicators Oil Crude Oil WTI Energy Commodities Commodities oiltrading commoditiestrading
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trendanalysis chartpattern indicator oil crudeoil wti energy commodities oiltrading commoditiestrading
The WTI Crude Oil is being rejected today on the 1day MA200, the longest Resistance MA technically.

This rejection is also taking place on Resistance A (83.40), the December 1st top.

The structural top inside the Channel Down has been the same on every occassion.

When the now overbought 1day RSI crosses under the MA trendline, the sell will be confirmed.

Target 70.00 (Rising Support).


Previous chart:

WTI CRUDE OIL Pulling back to a Support. Buy the low.

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