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VladimirRibakov

Oil Short Term Sell Idea

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
VladimirRibakov  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Support and Resistance Multiple Time Frame Analysis Oil Crude Oil Crude Oil WTI WTI SELL Bearish Patterns bearishhiddendivergence
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trendanalysis supportandresistance mtfa oil crudeoil usoil wti sell bearish bearishhiddendivergence
D1 - After the strong bearish move currently it looks like a correction is happening.

Price has reached a strong resistance zone.

Bearish hidden divergence.

H4 - Until the key resistance zone holds my view remains bearish here.

If we get a valid breakout below the 74.00 level we may then consider it as a validation for the bearish view.
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