Oil Trendline Test
1D - PSAR Flipped Negative
1D - Decreased sell volume
4H - Lower Lows formed
4H - Price crossed under 50 MA
1H - Bearish Divergences (RSI, Stoch, CCI, ADP)
1H - Price crossed over 50 MA
Expecting retest of weekly trendline and hit .618 Fib at $101
1D - Decreased sell volume
4H - Lower Lows formed
4H - Price crossed under 50 MA
1H - Bearish Divergences (RSI, Stoch, CCI, ADP)
1H - Price crossed over 50 MA
Expecting retest of weekly trendline and hit .618 Fib at $101
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