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What the hourly chart tells us.

40
Interesting bounce off support there.

Will it hold above that RSI trend line??

Let me know your thoughts! is $50 dollar oil already factored into price?
Not
There should also be a RSI resistance line at 52.63 which coincides with roughly 13 points actually testing that level. I will note however that I encourage you to think of resistance as an area and not as a single level. Blessings

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.