Get started
ThinkingAntsOk

"Short Setup" Short Term View on 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 usoilshort WTI Commodities commodity Crude Oil Oil
7
0
supportandresistance trendline mtfa usoil usoilshort wti commodities commodity crudeoil oil
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!

Related Ideas

ThinkingAntsOk
"Long Setup on UsOil (WTI)" in the Short Term by ThinkingAntsOk
ThinkingAntsOk
"Top and Bottom Analysis" UsOil (WTI) by ThinkingAntsOk
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.