Oil on daily trendline from higher high Long

Crude Oil FuturesNYMEX

Description

⋅ Jul 20, 2021 10:09 AM

Oil has dropped fast to it´s trendline on Daily timeframe. Since the drop comes from higher high, I see this as a decent try for long trade. GL!

⋅ Jul 21, 2021 9:27 AM

Changed the RSI channel to new DD+ so it should better describe current PA:

Comments

illuminating_trade

⋅ Jul 21, 2021 2:15 PM