TradingView
SinatraFX
Apr 21, 2016 7:19 PM

USOIL crude WTI bearish divergence in H4 RSI overbought SHORT Short

Crude Oil (WTI)FXCM

Description

USOIL crude WTI bearish divergence in H4 RSI overbought SHORT

With no real vision in sight to decrease the current oilpumping capacities,
I expect USOIL to get back to reality and at least make a short move back to its uptrendline from february lows.

40 is surely in the cards. A move below might open the door for 38 and further 35.
More