traders-view

$WTICOUSD @ #Forex & #Oanada still in shadow of bear

Short
OANDA:WTICOUSD   West Texas Oil
Oanda WTICO/USD TF 30min
The long trend is dowenway.

Medium timeframe indicators are showing uptrend.

The minor trend is up. A trade through 38.30 will change the minor trend to dowenside. This will shift momentum to the dowenside.
Short term indicators are showing weakness:

-RSI: 78.71
-MACD: Bear posture

OUTLOOK
Expecting start of Bear Cycle.
2-16 hours

Cycle end time
10-48 hours
Cycle duration: 12 hours
Cycle Targets: 36.80 ; 36.09
Disclaimer : No financial advise, only for educational purpose

Every like and follow is welcome, check my profile for used indicator here for free!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.