this is what I see on
USOIL
chart :
- trend line forming in the middle of parallel channel
price crossing it could create hesitation.
- RSI had similiar pattern but already brake out
- ADX makes a lower high. This could indicate a sideway movement.
should wait for new trend to take place
USOIL
chart : - trend line forming in the middle of parallel channel
price crossing it could create hesitation.
- RSI had similiar pattern but already brake out
- ADX makes a lower high. This could indicate a sideway movement.
should wait for new trend to take place