TradingView
Stoic-Trader
Nov 17, 2022 10:56 PM

WTI OIL - Still no uptrend Short

WTI CRUDE OILTVC

Description


After bouncing from the first yellow target from my past post, oil has been going sideways between this support (~76) and strong resistance in the low 90's.

We haven't yet breached my "bullish level" at 97.65, and we also don't have RSI divergence.

Therefore, I am still bearish, for a retest of 76 support, and then 65.

Comment

1st support at 76 reached
Comments
JoeChampion
Great bias!
More