Oil Headed Down? for CAPITALCOM:OIL_BRENT by Oliver_Nesh

Trend Lines Multiple Time Frame Analysis

trendline mtfa

Considering the downtrend of oil and price just hitting the daily trend line and being reversed I think we are down for rounded prices shown.
So, Might Be a good time to go short?

Comment:

So far on the track !

Trade closed: target reached

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.