TipTVFinance

Brent oil – Bearish price RSI divergence on hourly

TVC:UKOIL   CFDs on Brent Crude Oil
The bearish divergence noted on the hourly chart if followed by a breach of rising trend line support around $50.50 could yield a much deeper retracement to $49.60 levels.

On the higher side, traders should watch out for a break above $51.11 as such a move could yield a rally to $52.00, although caution is advised since weekly 100-MA at $50.70 is sloping downwards.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
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 My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out