For the next few days, I expect a recovery of oil price targeting blue resistance around 74.50
This is supported by:
- Bullish RSI divergence in the recent low
- No RSI divergence on the recent high
- Break of green descending trendline.
This is supported by:
- Bullish RSI divergence in the recent low
- No RSI divergence on the recent high
- Break of green descending trendline.
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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.