TVC:USOIL   CFDs on WTI Crude Oil

Profit targets are hit from the previous Oil analysis

Reason why I think Oil is going to Reverse

-Oil is at strong weekly resistance areas
-Doji candle+ Bearish confirmation candle has been formed on the daily chart
-RSI divergence has been formed on the daily chart
- RSI has been oversold on the daily and weekly.



Good luck Traders!


Comments

+
+1 Reply
is this yet valid ?
Reply
polat30 tradingmagicbox
@tradingmagicbox, Yes but trade with a low risk
Reply