CFDs on WTI Crude Oil
Short

USOIL-SELL strategy

175
The stochastic is positive and may move price little higher. I have no change in view.

We are nearing top Donchian, and also RSI not corrected fully as yet. The MACD is positive still (lagging).

remain SELL strategy 86.50-87.50 and place stop-loss above $ 90 for now. Profit target $ 77 below.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.