"Long Setup on UsOil (WTI)" in the Short Term by ThinkingAntsOk
466
1H Chart Explanation:
- Price is currently on a Descending Channel. - Bullish Divergence on MACD. - Potential to bounce from the Bottom of the Channel towards the Confluence Level (Resistance Zone + Top of the Channel) at 54,45.
However, we still short in the Middle / Long Term. You can check our Top and Bottom Analysis on the Related Ideas.