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Big_Mike716
Jun 11, 2020 5:50 PM

WTI Long

Crude Oil (WTI)FXCM

Description

This is what I'm thinking, I received an RSISE on Daily and RSILE on the DXY. But the DXY looks pretty weak so this could be just a dip in crude for buying and the chart forms some sort of I&HS on HTFs. With Goldmen Sachs calling for a pull back and the Fed sounding Dovish about the economy this pull back was needed. I think markets rebound and WTIC heads towards $50 into late June early July.
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