Symbol: USOil
Prediction : Short
Daily : We are on a wedge and we just broke it, but now we have to break this support to continue this down move.
H4 : The price is ranging on this box, with multiple bearish rejection, and we have divergence on the MACD.
H1 : We broke our trendline with a strong bearish power, we can have a pullback now on this support, then continue our downtrend.
Prediction : Short
Daily : We are on a wedge and we just broke it, but now we have to break this support to continue this down move.
H4 : The price is ranging on this box, with multiple bearish rejection, and we have divergence on the MACD.
H1 : We broke our trendline with a strong bearish power, we can have a pullback now on this support, then continue our downtrend.