Velmurugan_SimpleTrader

Crude oil Consolidation /Trend reversal ahead?? MTF view.

TVC:USOIL   CFDs on WTI Crude Oil
Possibility of Consolidation / Trend reversal ahead.

4H / 1H
Giving mixed signals.. to Buy & Sell.

Higher time frames D/W/M are in Buy.
Levels to check.
Monthly Resistance @ 73.5 $
Weekly Resistance @ 74.24 $
Daily tested Fib., level 61.8% for previous swing.


Be cautious.
Think & Trade in Probability..

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.