"UsOil (WTI) starting the new move from here?" by ThinkingAntsOk
4H Chart Explanation:
- Price bounced on the Resistance Zone.
- Price broke the Ascending Trendline.
- Bearish Divergence on MACD.
- If the bear move starts, price should break the $59 level to continue towards the next Support Zone at 55,10 and, finally, to the Support Zone at 51,4.
Our Weekly and Daily Analysis also support this short idea! Take a look.
Weekly Analysis:
Daily Analysis:
Updates coming soon!
- Price bounced on the Resistance Zone.
- Price broke the Ascending Trendline.
- Bearish Divergence on MACD.
- If the bear move starts, price should break the $59 level to continue towards the next Support Zone at 55,10 and, finally, to the Support Zone at 51,4.
Our Weekly and Daily Analysis also support this short idea! Take a look.
Weekly Analysis:
Daily Analysis:
Updates coming soon!
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.
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.