Oil levels Short

Crude Oil (WTI)FXCM

Description

⋅ Jan 31, 2019 3:43 PM

Crude pushing to the top of this channel formation after easing through the pivot resistance of ~$54.55. 38.2% retrace of the 2018 decline & 50% slope of long-term slope in focus. Also note the RSI divergence in this channel.

30 min chart:

Comment

⋅ Jan 31, 2019 6:56 PM