TradingView
UnknownUnicorn21414332
May 5, 2021 11:35 PM

USOIL at MULTIYEAR S/R zone! 

Crude Oil (WTI)FXCM

Description

Oil is currently in a base consolidation at a multi-year support & resistance zone. There’s some RSI divergence in this choppiness. Not interested until price action has built support over level 70 for a long or a defined resistance below level 60 for a short. Will be updating as we go. Sharing humbling my POV and will gladly discuss with anyone if we agree or disagree, I'm a Full-time Life & Market student, always learning! Best regards and Happy Trading! Keep it simple 😉
More