Bankbrother

Wedge of Decision

TVC:USOIL   CFDs on WTI Crude Oil
My bias is support is greater than resistance (medians /mthly) at this point - long term .5 fibs /supply retest ? watching blue/red wedge. Supply above -Demand below along with .618/.788 etc
Trade active:
So far so good - touch of .618 below for momentum target should be touch/break May/11 .5 Fib - /dark blue channel top or red T lines above . Keeping an eye on DXY for retrace upward - - be careful out there . Feel free to " Agree "
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.