baigxy

USOil/WTI Short overall

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FX:USOILSPOT   WTI Light Sweet Crude Oil Future SPOT
hello everyone.. last 2 week we had good bull run for usoil... but as soon it reached 82 the price starts consolidating, like in 4hr tf the price test 82 several times.. however if we look at weekly tf the main resistance is around 84-85.. at this point the price can trick the seller... overall i think its a bear trap (still LH & LL).. the resistance trend line also make more sense at the 84-85 price area. look for a good pullback using high tf for better accuracy... currently the price could go up this week before it pulls back


good luck

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