USOIL-convergence divergence suggests trend change
A classic convergence divergence setup on D1 and H4 combination.
On D1 we have first convergence after long time:
On H4 a bullish divergence is our signal to entry.
Im being conservative and chose to enter after breakout and close of the 50.00 level.
Happy Trading.
On D1 we have first convergence after long time:
On H4 a bullish divergence is our signal to entry.
Im being conservative and chose to enter after breakout and close of the 50.00 level.
Happy Trading.