US oil just gave us a sell signal, as it looks like, in the 4 hours frame time.
we have a significant rejection with volume, what chart is telling us here is that get ready something will happen,
and I am sure that price will drop and sharply, it may sideway first but surly it will drop.
and now is a really good time to sell.
if we gave a look to the HMAs we would see them pretty far from the price, and it definitely can't stay that way for a long time, retests on them are a sure thing.
we have a significant rejection with volume, what chart is telling us here is that get ready something will happen,
and I am sure that price will drop and sharply, it may sideway first but surly it will drop.
and now is a really good time to sell.
if we gave a look to the HMAs we would see them pretty far from the price, and it definitely can't stay that way for a long time, retests on them are a sure thing.
Related Ideas
CL SHORT / USOIL
Amzilismail
about CL1!