TipTVFinance

WTI Oil – Eyes completion of Inv. H&S

FX:USOIL   CFDs on Crude Oil (WTI)
Weekly chart patternInverse H&S with neckline resistance at $51.95

Daily chartMoney flow index is well into overbought territory, RSI is yet to hit overbought levels.

Overall, it appears the prices are likely to stay upbeat, although overbought money flow index could take the wind out of the bullish momentum, thus leading to short-term sideways action around $46.-48 before a final sprint             at neckline hurdle of $51.95 is made.

Baker Hughes             oil             rig count number due today could make/break the current rally in oil             prices.

Check out why many London City experts believe the rally contradicts fundamentals in our show titled - London open: oil             rally – shaky fundamentals, slope of hope - 17/08/16

Link - http://www.tiptv.co.uk/article/VideoServiceChannel16363/40419
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out