Will oil drop again?
For the first time in a long time, price broke and closed below the channel and 50 EMA.
Could this be a retest to rally higher or complete reversal?
1.The RSI went oversold on the daily.
2.RSI divergence on the 4H.
I can spot same attributes from October 2021. And we all know that nothing's new under the sun. Trade safe guys!
PS-I can't spot any safe entries. But I am willing to take the risk from here. Are you?
Could this be a retest to rally higher or complete reversal?
1.The RSI went oversold on the daily.
2.RSI divergence on the 4H.
I can spot same attributes from October 2021. And we all know that nothing's new under the sun. Trade safe guys!
PS-I can't spot any safe entries. But I am willing to take the risk from here. Are you?
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.