FUNTRADER-Vera

2109 USOIL looking down by testing daily pressure again

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FX:USOILSPOT   WTI Light Sweet Crude Oil Future SPOT
Hello traders,

On this Wed, I am still looking bearish for USOIL based on reasons 15 mins before EURO session:
A. Daily pressure EMAS still valid.
B. 4H CHART, usoil is testing the daily pressure zone before Euro session which could make a good position for sellers after session begin.
C. FOMC today will very possible make a new high rate today. With such expectation , eonomic will suffer by that. Usoil recession in demand.

Now , just waiting for 4H selling confirming signal later to open sell down to the daily support zone again.

GOOD LUCK!!!
LESS IS MORE!

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