Pirce is still strong trending up and pattern may not work
Price approching the if this is crossed will go to 0.5 -0. like that usual do
The divergence going indicate more hesitation going into this resistance
Oil is hard to predict cause maybe more manipulated than forex currency
Happy to have your opinion on it
Trade your plan
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The reason for this rally is that Government all over the world are setting a price for oil from further drop on Price. On Economic theory, the Government set the Price of any commodities through Currency The quantities are then diminish or rises, depending on Price. In this case, the Saudi has reached an agreement with Russia/Iran/ and other oil producer countries. Thus, the oil are expected to be floored, based upon Price.