WTI CRUDE OIL aiming at the 1day MA100 for rejection
WTI Crude Oil / USOIL is rising inside the short term Channel Up after a Double Bottom.
The long term trend remains bearish inside a multimonth Channel Down.
The 1day RSI is showing the same bullish divergence (Channel Up) as in December- January that led to a Lower High rejection.
Buy on the short term and target the 1day MA100 at 74.00 and then sell and target the Rising Support at 67.50.
Previous chart:
Follow us, like the idea and leave a comment below!!
The long term trend remains bearish inside a multimonth Channel Down.
The 1day RSI is showing the same bullish divergence (Channel Up) as in December- January that led to a Lower High rejection.
Buy on the short term and target the 1day MA100 at 74.00 and then sell and target the Rising Support at 67.50.
Previous chart:
Follow us, like the idea and leave a comment below!!
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.