Bearish USOIL but bullish in few weeks
Bull Case
1) Falling wedge
2) Divergence
Bear Case
1) LH, LL
2) Bullish DXY, JXY, SXY
3) No important fib retracement level
Thesis: Short now. Long from around 0.5 Fib
1) Falling wedge
2) Divergence
Bear Case
1) LH, LL
2) Bullish DXY, JXY, SXY
3) No important fib retracement level
Thesis: Short now. Long from around 0.5 Fib
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.