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breakoutfakeout

wti oil July long. Divergence

Long
Crude Oil Futures (Jul 2020) (NYMEX:CLN2020)  
breakoutfakeout Updated   
NYMEX:CLN2020   Crude Oil Futures (Jul 2020)
Trend Analysis Chart Patterns Technical Indicators WTI wticrude wtioil Crude Oil WTI oilfutures Crude Oil
5
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trendanalysis chartpattern indicator wti wticrude wtioil usoil oilfutures crudeoil
Long again with a nice divergence on the hourly Macdh. Daily RSI is also now showing a divergence.

A break of the low would look like a cup and handle breakout and we could plunge. So its a win win, long now for a bit of profit, short the low for even more
Trade closed: target reached:
Profits taken at 21.67. Nice move!
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