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therancher

Oil Setup for Short Term and Near Term

Short
CFDs on Crude Oil (WTI) (FX:USOIL)  
therancher  
FX:USOIL   CFDs on Crude Oil (WTI)
Trend Analysis Chart Patterns Technical Indicators
3
0
trendanalysis chartpattern indicator
Notes are on chart. Still bearish momentum. MACD and RSI support this theory as well. Chart does not look favorably long until 1 day chart imho.

Note: It is my opinion that this chart has a usefulness for swing/day traders.
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