senitraderr

CRUDE OIL Daily Chart still waiting for the confirmation

senitraderr Updated   
TVC:USOIL   CFDs on WTI Crude Oil
4
Daily chart seems dont have the direction yet either to go long or short for the long term. If it follows the BLUE trendline, there will be a buy setup and i will go for long if it breaks the blue resistance trendline. However if it follows the RED trendline, there will be a sell setup and i will go for short if it breaks the red support trendline.
Comment:

30mins chart - I am expecting it to consolidate first and make a sell setup. When it breaks the support trendline on the blue colour, i fill go for short.
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