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DvnielTrading
Apr 14, 2024 6:08 PM

US Oil bearish retracement  Short

WTI CRUDE OILTVC

Description

Ideas not advice

A technical outlook for the days

  • Double top rejection at resistance
  • Distribution cluster formed and sharp rejection to downwards
  • 150EMA has been it's support in the past
  • If it breaks below distribution lows, it will confirm that it is bearish
  • Unless all of this is either mitigated by Retail sales news or accentuated


Goodspeed y'all

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