US Oil is in a weekly oversold bearish Divergence and is currently at a daily resistance trendline. Taking shorts now has a good risk : Reward Ratio
Also, The weekly chart has a broadening wedge pattern and is topped out now
Also, The weekly chart has a broadening wedge pattern and is topped out now
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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.