SinatraFX

Crude USOIL WTI H4 bullish divergence RSI SHORT

Short
SinatraFX Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Crude USOIL WTI H4 bullish divergence RSI SHORT

Major resistance is 45.75 (0.23 fib of june 2015 highs decline).

40 will be the short-term target, needs a decisive break of that to go lower towards 38 or ultimately 35.

twitter.com/Sinatra_FX
Trade active:
Sorry for the mistake in the description but I expect all of you to be good enough to identify,
that I originally meant a bearish divergence is / was in place here.

USOIL H4 bearish divergence RSI short

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.