OIL - Short - Be Cautious!
Every one will initiate shorts around this level 60 to 62..
So please be extra cautious if biggies run out all short stops @62.5
Other wise good to enter the short set up as the weekly RSI is turning oversold
So please be extra cautious if biggies run out all short stops @62.5
Other wise good to enter the short set up as the weekly RSI is turning oversold
Note
Sorry..Its not oversold..its overbought.Typo mistake :-)Note
No panic..weekly RSI still in over bought condition!Note
SL 63.5 Triggered.Weekly RSI still in over bought condition! All retail traders out of the game..lets wait and see!
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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.