OIL has been quite stubborn for weeks.CAD and OIL both have suffered
fundamentally alot . OIL is currently now at strong weekly and monthly
resistance support.Another strong trendline can be seen on Daily chart.
Once that's broken, We can have a confirmation to go LONG. RSI even
showing bullish divergence plus price is at currently weekly and monthly
Trendline support as well. Let's wait for the opening for further confirmation.
This one could give us more than we expected if we hold on to that.
#STAY_HOME_STAY_SAFE.
fundamentally alot . OIL is currently now at strong weekly and monthly
resistance support.Another strong trendline can be seen on Daily chart.
Once that's broken, We can have a confirmation to go LONG. RSI even
showing bullish divergence plus price is at currently weekly and monthly
Trendline support as well. Let's wait for the opening for further confirmation.
This one could give us more than we expected if we hold on to that.
#STAY_HOME_STAY_SAFE.
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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.