Hi Seildev here,
Will be looking at shorting USDWTI/oil this evening. So far we have a very nice confluence area and key support and resistance of 47.1
- Structural trade
- 47.1 Key support/resistance
- 50 EMA acting as resistance
- 50% Fib
Safe trading
Will be looking at shorting USDWTI/oil this evening. So far we have a very nice confluence area and key support and resistance of 47.1
- Structural trade
- 47.1 Key support/resistance
- 50 EMA acting as resistance
- 50% Fib
Safe trading
Note
- 1 hr TF RSI divergence to short indicating the bulls are running out of strengthTrade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.