USOIL 4H chart
Please do you own analysis, this is just a trading idea. We can see that we have reached a crucial resistance level in the market and although the price is rising the MACD keeps making lower highs, this could bee seen as a bearish divergence. The formation of a Bearish pattern gives us more clues of where the price could move next. I case the price will respect the rejection level I will look for short.
TP 61.8 Fib
TP 61.8 Fib
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