TVC:USOIL   CFDs sobre petróleo crudo WTI
H4 time frame.
Structure: Downtrend.
The current price is still trading in the range of the 70.00 resistance zone .
Oil price is having upward moves to break the resistance level of 70.00 but there is no confirmation yet.
Along with that, the uptrend is decreasing, showing clear divergence signals.
In the bullish case, a clear rise above the 71.00 level is needed and there are confirmation retest signals.
In the case of a downtrend, it is necessary to wait for the price to break the Key level and confirm the downtrend is back.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.