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erikarter
Apr 8, 2019 12:10 PM

Counter Trend and Trend opportunity on OIL 

WTI CRUDE OILTVC

Description

Counter Trend and Trend opportunity on OIL

- OIL approaching resistance the 61,8 FiB and Upper Trend Line
- RSI is over bought and we have a big RSI divergence

A pull back is expect back to 60.00 level (Confluence of 38,2 Fib and 61,8 Fib retracements)

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