FullTimeTrader
Long

USOIL-convergence divergence suggests trend change

FX:USOIL   CFDs on Crude Oil (WTI)
424 0 6
A classic convergence divergence setup on D1 and H4 combination.
On D1 we have first convergence after long time:
snapshot


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.
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