andrein
Short

oil close to breaking triangle - downward

FX:USOIL   Crude Oil (WTI)
163 3 0
wti is close to breaking the triangle, downwards > that would open anoter bottom reach and most likely bears will push it down, to reach a final minimum <$40. there is the buy opportunity, and wait patiently until $60+, as downward possiblity limited to the $30s. RSI also divergent on the 3h chart, and daily also bearish . plus, USD is up, and will go upward some more.
Yahia.Awes
2 years ago
I can see no divergence this is invalid imo...
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Usdrub is going down. This is the sign of crudeoil go up imo
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andrein
2 years ago
see also this other chart, and how WTI is shadowing almost exactly the EURUSD - and with the drop last week, a drop in WTI should be here very soon
WTI might move lower as the Dollar gets stronger
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