DLavrov

Bearish Divergence

Short
DLavrov Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
oil
Price touched Up Bollinger Band. It's possible reversal signal. MACD and RSI reversed with Bearish Divergence. Entry price is below 47.90 with stop level above 49.50. Profit target could be support level 44.00 and 3 Moving Averages, when price touches them and gives reversal signal in the direction of the main trend.
Trade closed: stop reached

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