Oil Weekly Idea - 02/06/2022
Overall Uptrend
Weekly- RSI-small pullback expected
Day- at resistance level- RSI -pullback expected, MACD potentially to the downside. Confirmation needed
4HR- rsi retracement to the downside. MACD still in buy. small retracement expected. reversal pattern at the resistance. need confirmation entry
1HR- RSI and MACD to the downside.
Weekly- RSI-small pullback expected
Day- at resistance level- RSI -pullback expected, MACD potentially to the downside. Confirmation needed
4HR- rsi retracement to the downside. MACD still in buy. small retracement expected. reversal pattern at the resistance. need confirmation entry
1HR- RSI and MACD to the downside.
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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.