USOIL Short
There appears to be a potential double top forming on oil with stock RSI indicating over bought also, the 50 EMA is struggling to break through 100 which leaves more potential for a reversal,
This is all dependant on the next few days and how the daily candles form, if a close lower, it may indicate that levels are dropping and my first target would be low 38 level and a break below that would indicate a break to the green downward trend line
This is all dependant on the next few days and how the daily candles form, if a close lower, it may indicate that levels are dropping and my first target would be low 38 level and a break below that would indicate a break to the green downward trend line
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.