WTI Reaches key level - Watch for long setup (no signal yet)
Daily:
- Bearish Ichimoku setup
- Bearish Heikin-Ashi
- Possible resistance at major uptrendline and bottom of short term bearish channel
Watch Price action here in coming days!
4H:
- Bearish Ichimoku
- Indecision in Heikin-Ashi, maybe a local bottom
- Key supp. levels to watch for a break and reversal to open a swing long trade: 45,55 and 46,30
- Also start to look for a possible positive divergence in EWO to have some idea wether market is building a bottom.
- Bearish Ichimoku setup
- Bearish Heikin-Ashi
- Possible resistance at major uptrendline and bottom of short term bearish channel
Watch Price action here in coming days!
4H:
- Bearish Ichimoku
- Indecision in Heikin-Ashi, maybe a local bottom
- Key supp. levels to watch for a break and reversal to open a swing long trade: 45,55 and 46,30
- Also start to look for a possible positive divergence in EWO to have some idea wether market is building a bottom.