Oanda WTICO/USD TF 30min The long trend is dowenway.
Medium timeframe indicators are showing uptrend.
The minor trend is up. A trade through 38.30 will change the minor trend to dowenside. This will shift momentum to the dowenside. Short term indicators are showing weakness:
-RSI: 78.71 -MACD: Bear posture
OUTLOOK Expecting start of Bear Cycle. 2-16 hours
Cycle end time 10-48 hours Cycle duration: 12 hours Cycle Targets: 36.80 ; 36.09 Disclaimer : No financial advise, only for educational purpose
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