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CFDs on WTI Crude Oil
Short
Updated

US OIL Trend Reversal (Bearish)


Head and Shoulders on Hourly Chart..
USOIL Short Opportunity.
50SMA Support at 69.94
Next Short Term Target 68.01/66.80
Note
Target1 still active. Bounced off the support, but continuing the Bearish momentum
Note
Target Hit.
Note
Back at Target 1.
Can bounce a bit before continuing towards Target 2.
varmagsk
Head and ShouldersCrude Oil WTIusoilshort

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Head and ShouldersCrude Oil WTIusoilshort
varmagsk

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.