As you see in the 4H time frame, we are in a downtrend and price is moving inside a triangle pattern .
We can see that price is rejected from the triangle upper side and failed to break the last major high.
Currently, Price has broken the little ascending trend line and has been fixed below the trend line. It has pulled back strongly to the broken trend line and we should wait to see if it can break the last low for further drop.
Moreover, we can see negative divergence on MACD . Although price has made a higher high inside the triangle, MACD could not.
If price breaks the last low, I expect a fall on USOIL to retest the triangle lower side.
We can see that price is rejected from the triangle upper side and failed to break the last major high.
Currently, Price has broken the little ascending trend line and has been fixed below the trend line. It has pulled back strongly to the broken trend line and we should wait to see if it can break the last low for further drop.
Moreover, we can see negative divergence on MACD . Although price has made a higher high inside the triangle, MACD could not.
If price breaks the last low, I expect a fall on USOIL to retest the triangle lower side.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。