Chart is pretty self explanatory and I think it's certainly a useful outlook when making trades within this market.
One thing that I find rather interesting is the blue resistance which dates back from 1999 has been tested perfectly and has lead to US Oil pulling away from that level.
Would be satisfying to see the US Oil to fall from here.
One thing that I find rather interesting is the blue resistance which dates back from 1999 has been tested perfectly and has lead to US Oil pulling away from that level.
Would be satisfying to see the US Oil to fall from here.
Comment:
Here's a screenshot of the blue diagonal resistance being tested - Daily RSI overbough as well! -
