SinatraFX

USOIL bearish divergence on H1 but maybe another drive up first

FX:USOIL   CFDs on Crude Oil (WTI)
USOIL bearish divergence on H1 but maybe another drive up first

on the hopes of a solution in the Doha meeting, USOIL might take another drive up, signalised by the stochastics in oversold territory, then wake up to reality and turn back down, probably towards 38US$ region, where it will meet its strong uptrendline.

I am not trading this idea yet.

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