Long
Crude wants to break up in the short term (falling wedge)
Falling wedge with bullish divergence on RSI and MACD on lower timeframes.
Might be good for a 5-10% move before deciding if Oil with retest $20, $17
Not advice in any way.
Might be good for a 5-10% move before deciding if Oil with retest $20, $17
Not advice in any way.
Note
Back testing top of wedge now. Decision time
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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.