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volta2
Jun 21, 2018 10:24 AM

Possible divergence 

WTI CRUDE OILTVC

Description

Still waiting for a direction after the OPEC meeting. But market showing signs of a divergence.While not completely reliable it foreshadows a reversal. Price making lower lows and lower highs, momentum indicator making higher highs and higher lows. But divergences are notorious due to timing , market fall further before rising or can suddenly reverse.
Comments
Tara
I hope it goes up to 70!
Premium_Tendies
@Tara, If you're trading on hope, I suggest you don't trade.
Tara
@zader33, I also used Fibonnacci calculations aside from banking on hope. I made 15K on oil last week. Thank you very much!
volta2
@Tara, that's great
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