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Divergencify
Nov 20, 2021 11:56 AM

My quick view on Crude Oil WTI 

Crude Oil (WTI)FXCM

Description

This is my quick analysis on USOIL prices. The bear divergence worked great. RSI has cooled down so we can expect buyers to come back. Falling wedge pattern, if important, will be a great opportunity to open a short position at $84. On the other hand, if the sales movement deepens according to the retracement of fibonacci, we will face a discount to around $ 60.
Regards!
Comments
Divergencify
I closed too early with a loss. Remember, believe in yourself. I'm waiting for a good entry to short(another rsi divergence trendline touch). Regards!
nestorador
@Divergencify, ah :( Same problems I have. Sleep well and exercise well. That helps me to take control. Meanwhile 1am here....
VIP_Trading_Technologies
Good one, mate!
Divergencify
@VIP_Trading_Technologies, I appreciate it. Good luck with your trading
DaveBrascoFX
Of course short.And now the summer boring sideways range started.
nestorador
Amazing! Hope you caught 125 :-) I caught BUSD for 122 Rubles - that was really amazing feeling even without leverage :-)
Divergencify
@nestorador, Good one:)
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