TipTVFinance

Brent oil - 50% of Apr 2015 to Jan 2016 drop retracted

FX:UKOIL   Crude Oil (Brent)
Another important point to note is Brent oil             has retracted 50% of Apr             2015 high to Jan 2016 low. The level stands at $48.34, while prices currently trade around 48.70 levels.

Earlier today, I had posted on a possible bearish price RSI divergence on the daily chart, if today's day end closing is weak.

If prices end below $48.00, that would mark a bearish price RSI divergence and failure to sustain above two key levels - 47.99 (23.6% of June 2014 high-Jan 2015 low) and 48.34 (50% of Apr             2015-Jan 2016 drop).
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out