"Long Setup on UsOil (WTI)" in the Short Term by ThinkingAntsOk

1H Chart Explanation:

- Price is currently on a Descending Channel.
- Bullish Divergence on MACD.
- Potential to bounce from the Bottom of the Channel towards the Confluence Level (Resistance Zone + Top of the Channel) at 54,45.

However, we still short in the Middle / Long Term. You can check our Top and Bottom Analysis on the Related Ideas.

Updates coming soon!