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Gasoline on the rise! Bullish Cypher
RBOB Gasoline Futures
Long
Gasoline on the rise! Bullish Cypher
By TradingNomadic
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Oct 5, 2022
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Oct 5, 2022
Gasoline futures on the rise again as things heat up across the oil markets.
Bullish Cypher with a type 2 confirmation low.
Bullish divergence on the MACD, with a inverse head and shoulders style reversal on the RSI.
A common retracement here would be between the 382 and 618 at 2.91 - 3.40
Chart Patterns
Harmonic Patterns
Wave Analysis
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