drken

What Is Going On With Crude Oil ??

Long
TVC:USOIL   CFDs on WTI Crude Oil
Not sure what to make of crude at this juncture. It looks like oil is riding towards 58 i.e the channel top with a CCI divergence to support that case. But the risk of breaking lower is still very present. Any idea guys?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.