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?
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.