Hi Traders,
Double Top in Oil and Strong Divergence in RSI indicates some Rapid drop in oil.
Oil also need some retrace at this point.
So,
Sell oil from Current $25.80.
Take Profit: $24.30 and $23.60
stop should be $27.20
Every system has a limitation.
Good Luck!
Double Top in Oil and Strong Divergence in RSI indicates some Rapid drop in oil.
Oil also need some retrace at this point.
So,
Sell oil from Current $25.80.
Take Profit: $24.30 and $23.60
stop should be $27.20
Every system has a limitation.
Good Luck!