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ThinkingAntsOk

"Top and Bottom Analysis" UsOil (WTI) by ThinkingAntsOk

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
ThinkingAntsOk  
TVC:USOIL   CFDs on WTI Crude Oil
Support and Resistance Trend Lines Multiple Time Frame Analysis Crude Oil WTI Oil WTI Commodities
5
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supportandresistance trendline mtfa usoil oil wti commodities
4H CHART EXPLANATION:

Main Items we Observe on the Chart:

- Price broke the Ascending Trendline and is currently on a Bearish Corrective Structure.
- Bearish Divergence on MACD.
- If it breaks it at 61,10, it has potential to move down towards the Support Zone at 55,30, being careful with the Middle Support Zone at 58,70.

Updates coming soon!

MULTI TIMEFRAME VISION:

- Weekly:
snapshot

- Daily:
snapshot

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