WTI potential double top
Looking at the oil chart, we see a nice double top with RSI divergence. Also, an uptrend line with 3 touches, can provide an early entry.
If the bear gap fully closes through 41, then we target more upside to 44, where previous lows are and 200SMA.
Overall, OPEC+ is doing everything to convince market that the oil price market is stable and there should be no sell offs like in March again.
Please support the idea and share your thoughts on WTI!
Good Luck and Stay Healthy!
If the bear gap fully closes through 41, then we target more upside to 44, where previous lows are and 200SMA.
Overall, OPEC+ is doing everything to convince market that the oil price market is stable and there should be no sell offs like in March again.
Please support the idea and share your thoughts on WTI!
Good Luck and Stay Healthy!
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.