WTI CRUDE OIL short term buy but new Low in April
WTI Crude Oil is having the worst 3 day selling streak of the year, getting rejected on the 1day MA50.
The 1day RSI got oversold and should cause a short-term rebound, which is what happened on the oversold Lows of December 9th and September 26th.
We are short term bullish near the 1day MA50, Target A 73.50 and long term bearish, Target B 61.00 (bottom of Channel Down on a -25% decline).
Follow us, like the idea and leave a comment below!!
The 1day RSI got oversold and should cause a short-term rebound, which is what happened on the oversold Lows of December 9th and September 26th.
We are short term bullish near the 1day MA50, Target A 73.50 and long term bearish, Target B 61.00 (bottom of Channel Down on a -25% decline).
Follow us, like the idea and leave a comment below!!
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon