"Short Setup" Short Term View on UsOil (WTI) by ThinkingAntsOk
1H Chart Explanation:
- Price bounced on the Confluence Level (Resistance Zone + Top of the Descending Channel).
- Price broke the Ascending Trendline and, now, if it breaks 52,85, it has potential to move down towards the bottom of the Descending Channel.
Check the Related Ideas to have a look on our previous setup on UsOil.
Updates coming soon!
- Price bounced on the Confluence Level (Resistance Zone + Top of the Descending Channel).
- Price broke the Ascending Trendline and, now, if it breaks 52,85, it has potential to move down towards the bottom of the Descending Channel.
Check the Related Ideas to have a look on our previous setup on UsOil.
Updates coming soon!
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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.
Related publications
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.