dREi

OIL Bear Market is weakening.

FX:UKOIL   CFDs on Crude Oil (Brent)
RSI 30 (Daily) issued Bullish Divergence and this regard, It might retrace 76ish before proceed to 60 Potential Reversal Zone (care of coach Ichimoku)

DMI also weakening but we are still in bear market in general trend (Price below Kumo Cloud).
use your own analysis to enter in a CT trade situation.

#caveat trader.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.