WTI Cash or SpotCrude hitting Resistance zone for a Short
On Daily, price has reached a Resistance zone, with RSI indicating overbought.
In 1 hour timeframe, we see a bearish divergence at a upper channel of BB.
We see RSI above 70 and breaking of the lower channel.
Looking for a short towards next two support zones.
https://www.tradingview.com/x/mEnfLorE/
In 1 hour timeframe, we see a bearish divergence at a upper channel of BB.
We see RSI above 70 and breaking of the lower channel.
Looking for a short towards next two support zones.
https://www.tradingview.com/x/mEnfLorE/
Trade active
https://www.tradingview.com/x/ljro0kZz/Trade closed: stop reached
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.
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.