Crude Oil [WTI] Daily Perspective
Weekly bearish descending wedge
Would like to see how we react from here. Will we break above this inner trend line and go higher or do we create a lower low. I do think the 27 area of support will hold. The RSI is currently showing divergence after being oversold.
Would like to see how we react from here. Will we break above this inner trend line and go higher or do we create a lower low. I do think the 27 area of support will hold. The RSI is currently showing divergence after being oversold.
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