priceprophet

Caught in consolidation

TVC:USOIL   CFD Petrolio WTI
Caught in consolidation, S/R range of 54.54/50.09

The pricing has allowed the 20 EMA to catch up (as of: Dec 5, 2018).
If you are looking to get into and ETF/Future regarding oil. Wait until you know which direction it will choose.
With a S/R of 54.54/50.09, place your alerts on the outside of this range to find which direction it just broke toward.

There is an open projection taking aim at $45.67
We shall see if it decides to go after this price.


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