"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!
