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Brent oil - Watch out for bearish price-RSI divergence

FX:UKOIL   CFDs on Crude Oil (Brent)
Indication of major reversals on the charts usually come in the form of bullish/bearish price divergence with indicators (I prefer RSI ).

As of now, Brent is trading around $47.80. Today's high stands at $48.07, while the latest cyclical high is $48.26.

Traders need to watch out for a "rise above $48.26, followed by a negative daily closing". Look at daily RSI . Despite price nearing cyclical high of $48.26, RSI is still sufficiently far away from its cyclical high.

In short we have a recipe ready for a bearish price RSI divergence when price is around critical resistance levels - $47.99 (23.6% of June 2014 high-Jan 2016 low),

If we get a confirmation of bearish price rsi divergence, prices could test the then "double top" neckline level of $43.30
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