thejdela

US OIL - One More Leg Down, And Then Up and Out the Creek

Short
TVC:USOIL   CFDs on WTI Crude Oil
After bearish divergence playing out on the weekly, I expect a proper ABC correction down to spring us out of the trading range and with that move down I am hoping for bullish divergence to form like I shown on that arrow on RSI. Looking for a long position if price can get down to that level.

This is for myself, not financial advice. Stay safe out there. Please consider following me for more technical analysis on markets.

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