on DAILY: USOIL is sitting around a strong resistance zone so we will be looking for sell setups on lower timeframes
on M30: USOIL formed an objective trendline in blue and broke its last swing downward. we also have a divergence on MACD adding more confluence to our setup.
But since the break happened a couple of hours before the market close and because the price is sitting around the round number 40.0
Let's wait for a momentum candle close below 40.0 in green before selling for extra confirmation.
Good Luck!
on M30: USOIL formed an objective trendline in blue and broke its last swing downward. we also have a divergence on MACD adding more confluence to our setup.
But since the break happened a couple of hours before the market close and because the price is sitting around the round number 40.0
Let's wait for a momentum candle close below 40.0 in green before selling for extra confirmation.
Good Luck!
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כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.