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CL1! ANALYSIS (short term)

Hi Traders :) Here are some thoughts about Crude Oil possible future price action. As we can see from the chart the price is movement is diverging (look at oscillators' pink trendlines) from the Stochastic and the MACD movement. This suggest a weakness in the current uptrend and a possible bearish win which can carry the price until the red support trendline. Place your entry order just below the current support line (purple one) and look at the chart for possible stop and targets levels. Write me in the comment for any question thought or critic. Good luck :)