Volume is decreasing on 4 hour and i think we will break down to the bottom of channel at 1.35 soon
Could reverse here and go to 70 again forming rising wedge pattern.
Bearish divergence 4 hour and volume is low on higher time frames can drop fast to bottom of channel imo unless volume picks up to upside when us session starts.
TP1 : 68.80 TP2: 68.50 TP3: 68 USOIL bearish divergence and looks like it could drop to bottom of channel.
Could go to top of channel at 70 from here. bullish divergence on the 6 hour chart and MA is heading up.
Could drop to bottom of channel if we don't breakout but its looking bearish right now.
Could pump to 70s again if bullish divergence forms on the 12 hour chart!
Can drop to bottom of channel if we dont break out.
Bearish divergence on the 3 hour and this might be the one that could bring us to bottom of channel.
Same bearish pattern as before on 2 hour and 4 hour. Bearish divergence on 2 hour chart.