SHORT ON USOIL
Price broken out of a falling wedge and has continued making lower lows and lower highs.
Price also retracted from the fib golden zone.
There is also a downward moving average cross with a massive momentum bear candle on the higher time frame.
I expect oil to reach the next support level.
Price also retracted from the fib golden zone.
There is also a downward moving average cross with a massive momentum bear candle on the higher time frame.
I expect oil to reach the next support level.
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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.