USOIL possible resistance and downtrend
Updated
Sentiment seems to be bullish on WTI with a H&S Inverted pattern but we could have a different view on the price movement actually.
We are now testing multiweek trendline and we could see another downfall as beginning of New Year
We are now testing multiweek trendline and we could see another downfall as beginning of New Year
Note
We can also see some short divergence on TF 2h/3h
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.